The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 0.57488 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.57227 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57986 |
| 2nd High | 0.5762 |
| Next High | 0.57488 |
| Current Price | 0.57394 |
| Next Low | 0.57227 |
| 2nd Low | 0.56939 |
| 3rd Low | 0.56889 |
0.57488 – 0.5762 – 0.57986 – 0.57227 – 0.57548 – 0.5752 —
0.57470 – 0.57384 —
45.295693720537 – 45.487720203784 —
– —
0.57488 – 1781883000
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –