NZD/USD is moving towards a line of 0.6415 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If NZD/USD continues in its current trajectory, we can expect it to reach 0.6415 within the next 7 hours.
Related Posts
Breach of 1.0680 could mean a start of a bullish trend on EUR/USD
EUR/USD has broken through a line of 1.0680 and suggests a possible movement to 1.0724 within the next…
After experiencing a 2.58% bearish move in the space of 15 days, nobody knows where GBP/USD is headed.
GBP/USD has moved lower by 2.58% from 1.26771 to 1.23498 in the last 15 days.
Extreme movement experienced on USD/JPY. Check this chart to see what to do next
USD/JPY rose sharply for 45 days – which is an excessively big movement for this instrument; exceeding the…