Buy NZD/USD – 1H – BUY

The currency pair breaks through the descending trendline up.

The bullish trend upwards to the next resistance level at 0.62597 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.62095 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.62683 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.62597 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.62739
2nd High 0.62683
Next High 0.62597
Current Price 0.62452
Next Low 0.62095
2nd Low 0.61807
3rd Low 0.61753

Download NZD/USD Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals