The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline down.
A bearish movement downwards to the next support level at 0.58177 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.59906 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60925 |
| 2nd High | 0.60818 |
| Next High | 0.59906 |
| Current Price | 0.59699 |
| Next Low | 0.58177 |
| 2nd Low | 0.57995 |
| 3rd Low | 0.5485 |
0.59906 – 0.59746 – 0.59795 – 0.58177 – 0.58283 – 0.58518 — 45.639034940395 – 42.747696760355 — 62.898142457823 – 37.631027253669 – 64.054771409566 – 58.419405650419
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – Rising Wedge Chart Pattern – –