NZD/USD has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 0.5894 within the next 10 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
GBPJPY has formed 6 bullish candles successively, what is the probability of getting another bullish candle?
Due to the rate of consecutive bullish candles on GBPJPY Daily chart we could be in for a…
Important support line being approached by USDJPY. This price has been tested numerous time in the last 10 days
USDJPY is moving towards a support line which it has tested numerous times in the past. We have…
There is a possibility of a big movement on EURJPY after a breach of the resistance
Triangle pattern identified on EURJPY has broken through a resistance level with the price momentum continuing to move…