NZD/USD – 30M – SELL

The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline down.

A descending movement downwards to the next support level at 0.58336 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.58658 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

0.58625 – 0.58658 – 0.58509 – 0.58336 – 0.58205 – 0.58286 —
0.58594 – 0.58697 —
62.208735500685 – 70.215158635413 —
– —
0.58625 – 1769061600

Trading Signals: FOREX – NZD – NZD/USD – USD – – Head and Shoulder chart pattern – – – – – – – –