The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.59456 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.59017 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59552 |
| 2nd High | 0.59481 |
| Next High | 0.59456 |
| Current Price | 0.59114 |
| Next Low | 0.59017 |
| 2nd Low | 0.59004 |
| 3rd Low | 0.58608 |
0.59456 – 0.59481 – 0.59328 – 0.59017 – 0.59004 – 0.58608 —
0.59242 – 0.59172 —
47.358975655589 – 40.397771833096 —
– —
0.59456 – 1772708400
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –