The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.59907 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.59223 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.6079 |
| 2nd High | 0.60581 |
| Next High | 0.59907 |
| Current Price | 0.59784 |
| Next Low | 0.59223 |
| 2nd Low | 0.58789 |
| 3rd Low | 0.58775 |
0.59634 – 0.59594 – 0.59175 – 0.59223 – 0.59287 – 0.58789 — 75.324961489219 – 76.967827031613 — 94.016397306638 – 95.582308836307 – 94.014927090028 – 94.925794763291
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Belt Hold – – –