Cabana Capitals Blog Technical Analysis Breach of important price line imminent by NZDUSD

Breach of important price line imminent by NZDUSD

Breach of important price line imminent by NZDUSD post thumbnail image

NZDUSD is approaching a resistance line at 0.6034. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.

Supported by Upward sloping Moving Average

Target: 0.6034 Entry: 0.6008 Stop: 0.5997

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