NZD/USD moved through the support line of a Rising Wedge at 0.6045466666666667 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 0.5974.
Related Posts
GBPJPY moves lower to 197.0830 in the last 4 days.
GBPJPY has experienced an unusual quantity of bearish candles on the Daily timeframe. This is in the 0.949999988079071…
USDJPY breakout from a Falling Wedge trade setup. Will it continue this trend to hit the target price?
USDJPY moved through the resistance line of a Falling Wedge at 143.70335714285713 on the 4 hour chart. This…
EURCAD is approaching 1.6008. We expect either a breakout through this line, or a rebound.
EURCAD is moving towards a key support level at 1.6008. EURCAD has previously tested this level 5 times…