The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.59634 is certain.
Caution: A possible counter-trend in the direction of support at 0.59223 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60581 |
| 2nd High | 0.59907 |
| Next High | 0.59634 |
| Current Price | 0.59729 |
| Next Low | 0.59223 |
| 2nd Low | 0.58789 |
| 3rd Low | 0.58775 |
0.59634 – 0.59594 – 0.59175 – 0.59223 – 0.59287 – 0.58789 — 73.969137360812 – 74.88057219491 — 92.332032943216 – 91.948851322063 – 95.281317728652 – 93.176708568126
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Triple top chart pattern – –