NZDUSD has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 0.5902 within the next 18 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Supported by Downward sloping Moving Average
Target: 0.5902 Entry: 0.5934 Stop: 0.5964

