Contributors Technical Analysis NZD/USD Another Breakout Attempt

NZD/USD Another Breakout Attempt

Price has managed to stay above the 0.7484 major broken static resistance and now is pressuring the warning line (WL3) again, a valid breakout will bring us a very good buying opportunity. However a rejection followed by a drop below the 0.7484 will confirm a drop towards the 0.7375 and towards the fourth warning line (wl4).

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