The price of NZDUSD in heading in the direction of 0.6041. Despite the recent breakout through 0.5978 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Supported by Upward sloping Moving Average
Target: 0.6041 Entry: 0.5988 Stop: 0.5954
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