The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 0.57403 is considered certain.
Caution: A possible change in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57881 |
| 2nd High | 0.5744 |
| Next High | 0.57403 |
| Current Price | 0.57374 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.57403 – 0.5744 – 0.57432 – 0.57234 – 0.5717 – 0.57084 —
0.57475 – 0.57433 —
67.674092078618 – 48.757915966763 —
– —
0.57403 – 1764581400
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –