NZD/USD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 0.6335 may materialize within the next 3 days.
Related Posts
AUDCAD is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 7 days.
The movement of AUDCAD towards the resistance line of a Channel Up is yet another test of the…
Could a large bullish move on USDCAD be a sign of things to come?
Those of you that are trend followers are probably eagerly watching USDCAD to see if its latest 3.24%…
EURAUD has broken through a support line. It has touched this line numerous times in the last 6 days.
EURAUD has broken through a support line. It has touched this line numerous times in the last 6…