The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.60922 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.60438 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.612 |
| 2nd High | 0.61058 |
| Next High | 0.60922 |
| Current Price | 0.60844 |
| Next Low | 0.60438 |
| 2nd Low | 0.60143 |
| 3rd Low | 0.60073 |
0.60922 – 0.60443 – 0.60503 – 0.60438 – 0.60143 – 0.60073 —
0.60740 – 0.60816 —
49.827294131215 – 60.701582509586 —
– —
0.60922 – 1769668200
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –