The currency pair New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.5733 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.57776 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.5733 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 0.57776 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58529 |
| 2nd High | 0.58421 |
| Next High | 0.57776 |
| Current Price | 0.57556 |
| Next Low | 0.5733 |
| 2nd Low | 0.57106 |
| 3rd Low | 0.57084 |
0.57776 – 0.58421 – 0.58529 – 0.5733 – 0.57396 – 0.57895 —
0.57611 – 0.57627 —
37.798177424193 – 52.012197338487 —
– —
0.57776 – 1767373200
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –