The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.58812 is certain.
Caution: A possible counter-trend in the direction of support at 0.58151 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.58855 |
2nd High | 0.58838 |
Next High | 0.58812 |
Current Price | 0.58908 |
Next Low | 0.58151 |
2nd Low | 0.57965 |
3rd Low |