The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.56153 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.55949 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.56244052 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.56153 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56431 |
| 2nd High | 0.56384 |
| Next High | 0.56153 |
| Current Price | 0.56115 |
| Next Low | 0.55949 |
| 2nd Low | 0.55823 |
| 3rd Low | 0.55791 |
0.56153 – 0.56069 – 0.56384 – 0.55949 – 0.56025 – 0.55823 —
0.56104 – 0.56133 —
53.87136706988 – 55.646358289172 —
– —
0.56153 – 1763766000
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –