NZDUSD is about to retest a key horizontal resistance level near 0.6017. It has tested this level 5 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Upward sloping Moving Average
Target: 0.6017 Entry: 0.6002 Stop: 0.5991

