NZDUSD is heading towards 0.5974 and could reach this point within the next 7 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Target: 0.5974 Entry: 0.5985 Stop: 0.5989

