The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.58914 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.59197 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’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59479 |
| 2nd High | 0.59404 |
| Next High | 0.59197 |
| Current Price | 0.59024 |
| Next Low | 0.58914 |
| 2nd Low | 0.5848 |
| 3rd Low | 0.58356 |
0.59197 – 0.59404 – 0.59479 – 0.58914 – 0.59206 – 0.59071 —
0.59044 – 0.59044 —
42.642896553156 – 47.192951926805 —
– —
0.59197 – 1773275400
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –