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Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

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Technical Analysis

Breach of important price line imminent by NZDUSD

Autochartist
2022-12-13

NZDUSD is moving towards a line of 0.6405 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn't clear whether it will breach this price or rebound as it did before. If NZDUSD continues in its current trajectory, we may see it move towards 0.6405 within the next 11 hours.

Not investment advice. Past performance does not guarantee or predict future performance.

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