The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.58915 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.57737 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.58016424 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.58915 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59479 |
| 2nd High | 0.58921 |
| Next High | 0.58915 |
| Current Price | 0.58516 |
| Next Low | 0.57737 |
| 2nd Low | 0.57397 |
| 3rd Low | 0.57251 |
0.58915 – 0.58921 – 0.58721 – 0.57978 – 0.57847 – 0.58166 —
0.58159 – 0.57820 —
35.385904849182 – 24.508285485887 —
– —
0.58915 – 1774000800
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –