The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline down.
A bearish trend down to the next support at 0.60329 will persist.
Caution: A possible change in the direction of resistance at 0.60594 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60786 |
| 2nd High | 0.60629 |
| Next High | 0.60594 |
| Current Price | 0.60455 |
| Next Low | 0.60329 |
| 2nd Low | 0.60322 |
| 3rd Low | 0.59967 |
0.60594 – 0.60265 – 0.60336 – 0.60329 – 0.60322 – 0.59967 —
0.60450 – 0.60602 —
51.387722125508 – 67.639534061256 —
– —
0.60594 – 1770672600
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –