Either a rebound or a breakout imminent on NZDUSD

Past performance is not an indicator of future results.
NZDUSD is heading towards a line of 0.6942. If this movement continues, we expect the price of NZDUSD to test 0.6942 within the next 13 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.