NZD/USD has broken through a support line. It has touched this line at least twice in the last 28 days. This breakout may indicate a potential move to 0.6141 within the next 6 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
There is a 88.89% chance of AUDUSD trending downwards
Based on past United States Durable Goods Orders MoM news events there is a 88.89% chance of AUDUSD…
NZD/USD has broken through a resistance line. It has touched this line numerous times in the last 3 days.
The price of NZD/USD in heading in the direction of 0.6124. Despite the recent breakout through 0.6101 it…
We expect EURUSD to trend upwards right now.
Based on the last 12 Retail Sales MoM events in United Kingdom, we may expect EURUSD to trend…