NZDUSD has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 22 days and suggests a possible target level to be around 0.5870 within the next 3 days.

Past performance is not an indicator of future results.
Losses can exceed deposits.