The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.57317 is expected.
Caution: A possible counter-trend in the direction of support at 0.56623 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57881 |
| 2nd High | 0.57321 |
| Next High | 0.57317 |
| Current Price | 0.57241 |
| Next Low | 0.56623 |
| 2nd Low | 0.55909 |
| 3rd Low | 0.55823 |
0.57317 – 0.56963 – 0.56282 – 0.56623 – 0.55909 – 0.5592 —
0.57270 – 0.57194 —
76.224440755226 – 59.396038010983 —
– —
0.57317 – 1764216000
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –