The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at is considered certain.
Caution: A possible change in the direction of the resistance level at 0.599 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60527 |
| 2nd High | 0.60135 |
| Next High | 0.599 |
| Current Price | 0.59667 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.599 – 0.60135 – 0.60527 – 0.59575 – 0.5989 – 0.60039 —
0.59707 – 0.59799 —
42.505543984474 – 52.418794597613 —
– —
0.599 – 1771495200
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –