NZD/USD is heading towards a line of 0.6324. If this movement continues, the price of NZD/USD could test 0.6324 within the next 13 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Related Posts
An unexpected large move has occurred on USDCHF 1 hour chart! Is this a sign of something new? What can we expect?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
CHFJPY – approaching a price line that has been previously tested numerous times in the past
CHFJPY is moving towards a key resistance level at 176.6890. CHFJPY has previously tested this level 3 times…
EURCAD – approaching a support line that has been previously tested at least twice in the past
EURCAD is moving towards a support line which it has tested numerous times in the past. We have…