NZD/USD – 30M – BUYThe combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.56030 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.55715 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56414 |
| 2nd High | 0.56126 |
| Next High | 0.56030 |
| Current Price | 0.55919 |
| Next Low | 0.55715 |
| 2nd Low | |
| 3rd Low |