NZD/USD – 1H – BUYThe currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline up.
The bullish trend up to the next resistance at 0.57776 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.5733 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58529 |
| 2nd High | 0.58421 |
| Next High | 0.57776 |
| Current Price | 0.57632 |
| Next Low | 0.5733 |
| 2nd Low | 0.57106 |
| 3rd Low | 0.57084 |
0.57776 – 0.58421 – 0.58529 – 0.5733 – 0.57396 – 0.57895 —
0.57551 – 0.57621 —
43.16018323312 – 47.384718168028 —
– —
0.57776 – 1767373200
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –