The combination New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.55896 is expected.
Caution: A possible change in the direction of the resistance zone at 0.56431 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.
Besides a ” indicator layout is detected. The indicator shows ”. this is usually a bearish chart scenario. The currency pair could go down.
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Besides a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.
Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Besides a ‘Collapsing Doji Star’ chart pattern is discovered. The chart shows ‘Collapsing Doji Star’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.5691 |
| 2nd High | 0.56747 |
| Next High | 0.56431 |
| Current Price | 0.56204 |
| Next Low | 0.55896 |
| 2nd Low | 0.5485 |
| 3rd Low |
0.56145 – 0.56431 – 0.56747 – 0.55896 – 0.56276 – 0.56466 —
0.56181 – 0.56321 —
59.531899640034 – 71.638119588912 —
– —
0.56145 – 1763602200
Trading Signals: FOREX – NZD – NZD/USD – USD – Collapsing Doji Star – Double bottom retreat down – – – –