The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline downwards
A bearish trend down to the next support at will persist.
Caution: A possible change in the direction of the resistance line at 0.56747 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57297 |
| 2nd High | 0.5691 |
| Next High | 0.56747 |
| Current Price | 0.56707 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.56747 – 0.5691 – 0.56822 – 0.56378 – 0.56483 – 0.56574 —
0.56688 – 0.56657 —
58.276975536202 – 53.982915196907 —
– —
0.56747 – 1763406000
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Symmetrical Triangle Chart Pattern – – – –