Past performance is not an indicator of future results.
NZDUSD is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of NZDUSD to test 0.6647 within the next 17 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.
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