The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.58572 is certain.
Caution: A possible change in the direction of the resistance level at 0.59099 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59456 |
| 2nd High | 0.59152 |
| Next High | 0.59099 |
| Current Price | 0.58684 |
| Next Low | 0.58572 |
| 2nd Low | 0.58356 |
| 3rd Low | 0.58336 |
0.59099 – 0.59152 – 0.59143 – 0.58572 – 0.58725 – 0.59017 —
0.58597 – 0.58779 —
32.23229274444 – 51.452855563166 —
– —
0.59099 – 1772827200
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –