Aurum Markets Blog Technical Analysis NZDUSD broke through important 0.5908 price line

NZDUSD broke through important 0.5908 price line

NZDUSD broke through important 0.5908 price line post thumbnail image

NZDUSD has broken through 0.5908 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, NZDUSD may be heading towards 0.5891 within the next 5 hours.

Supported by Downward sloping Moving Average

Target: 0.5891 Entry: 0.5904 Stop: 0.5919

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