NZD/USD has broken through a support line of a Rising Wedge and suggests a possible movement to 0.6215 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 26 days.
NZD/USD has broken through support of a Rising Wedge. It has touched this line at least twice in the last 26 days.
