Important price line breached by NZD/USD. This price has been tested numerous times before.

Should we expect a bearish trend on NZD/USD?
NZD/USD is once again retesting a key horizontal support level at 0.5805. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.

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