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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

Big movement possible on NZDUSD

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NZDUSD has broken through a line of 0.6453 and suggests a possible movement to 0.6402 within the next 3 days. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn't confirm, we could see a retracement back to lines seen in the last 15 days.

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