After testing 0.6128 numerous times, NZD/USD has finally broken through. Can we expect a bullish trend to follow?

Important price line breached by NZD/USD
NZD/USD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 23 days and suggests a possible target level to be around 0.6176 within the next 2 days.

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