The breakout of NZDUSD through the 0.6005 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, NZDUSD could test 0.5975 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Supported by Downward sloping Moving Average
Target: 0.5975 Entry: 0.5999 Stop: 0.605
Approaching Support level of 0.9151 identified at 12/12 10:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9151 within the next 2
NZDUSD is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it
The price of DOW 30 in heading in the direction of 42479.1992. Despite the recent breakout through 42201.0898 it is possible that it will struggle to gain momentum to the