NZD/USD is heading towards a line of 0.6239. If this movement continues, the price of NZD/USD could test 0.6239 within the next 2 days. 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
AUD/USD breakout from a Channel Up trade setup. Will it continue this trend to hit the target price?
AUD/USD has broken through a support line. It has touched this line at least twice in the last…
There is a possibility of a big movement on EUR/USD after a breach of the support
The breakout of EUR/USD through the support line of a Channel Up could be a sign of the…
GBP/USD is approaching 1.2702. We expect either a breakout through this line, or a rebound.
The price of GBP/USD in heading back to the support area. It is possible that it will struggle…