The pair New Zealand Dollar/US Dollar (NZD/USD) moves from the ascending trendline downwards
A descent downwards to the next support line at 0 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘%K cross above 20’ indicator signal is discovered. The indicator shows ‘%K cross above 20’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.56585 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
0.56747 – 0.5691 – 0.56822 – 0.56378 – 0.56483 – 0.56574 —
0.56681 – 0.56604 —
57.525233561538 – 43.734198928543 —
– —
0.56747 – 1763406000
Trading Signals: FOREX – NZD – NZD/USD – USD – – Symmetrical Triangle Chart Pattern – – – –