NZD/USD – 1H – SELL

The combination New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at will continue.

Caution: A possible change in the direction of the resistance line at 0.569 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.566065 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.569 could occur.
In the case of a trade, always set appropriate stop-loss settings.

0.569 – 0.56582 – 0.56578 – 0.56608 – 0.56404 – 0.56396 —
0.56686 – 0.56820 —
53.449387925746 – 62.755735674721 —
– —
0.569 – 1782838800

Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –