NZD/USD - breach of price line that's been previously tested numerous times before

The price of NZD/USD in heading in the direction of 0.5974. Despite the recent breakout through 0.5954 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

Receive the latest alerts via email

Hand-Picked Top-Read Stories

LTCBTC keeps moving closer towards 1.0780E-03. Will it finally breach this level?

An unexpected large move has occurred on BRK.B Daily chart! Is this a sign of something new? What can we expect?

EURGBP is signaling a possible trend reversal on the intraday charts with price not breaching resistance.

Trending Tags

NZD/USD – breach of price line that’s been previously tested numerous times before

Previous Post

Supports and resistances are primary concepts of technical analysis. ADAUSD is heading for an important price of 0.4647 – read about what this could mean for the future.

Next Post

UK100 broke through a resistance at 2024-04-26T02:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 8146.6030.

EURGBP is signaling a possible trend reversal on the intraday charts with price not breaching resistance.

After testing 175.4530 numerous times, CHFJPY is once again approaching this price point. Can we expect a bullish trend to follow?

AUDNZD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days.

Receive the latest alerts via email

NZD/USD – breach of price line that’s been previously tested numerous times before

Previous Post

Next Post

Related Posts