Are you paying attention to the price action in the NZDUSD. You should.

As a trader, it is important to pay attention to the nuances of price action—especially around the technical levels that traders tend to follow. When a key level repeatedly holds as support or resistance, it tells you that traders around the world are watching it and using it to define and limit risk. It also stands to reason that if the level is eventually broken, momentum could increase in the…