Cabana Capitals Blog Technical Analysis NZDUSD broke through important 0.6037 price line

NZDUSD broke through important 0.6037 price line

NZDUSD broke through important 0.6037 price line post thumbnail image

NZDUSD has breached the support line at 0.6037. It may continue the bearish trend towards 0.6006, or, it may prove to be yet another test of this level.

Supported by Downward sloping Moving Average

NZDUSD 1 hour
Pattern Type: Support
Identified at: 22-Mar-2024 02:00 UTC
Target: 0.6006
Entry: 0.6029
Stop: 0.6046

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