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 line at 0.58216 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.58639 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

0.58639 – 0.58389 – 0.58441 – 0.58216 – 0.58108 – 0.5769 —
0.58599 – 0.58494 —
70.166558320839 – 59.037473260211 —
– —
0.58639 – 1781485200

Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –