NZD/USD – 1H – SELLThe currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the ascending trendline down.
A bearish trend down to the next support level at 0.57251 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.57821 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.581 |
| 2nd High | 0.57929 |
| Next High | 0.57821 |
| Current Price | 0.57642 |
| Next Low | 0.57251 |
| 2nd Low | 0.57107 |
| 3rd Low | 0.57106 |
0.5752 – 0.57556 – 0.57821 – 0.57251 – 0.57309 – 0.573 —
0.57525 – 0.57634 —
47.595128845352 – 60.816345601737 —
– —
0.57520 – 1768474800
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –