Big movement expected on NZDUSD

Past performance is not an indicator of future results.
NZDUSD has broken through a line of 0.6679 and suggests a possible movement to 0.6728 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 9 days.