NZD/USD – 30M – BUYThe combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 0.55716 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.55410 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.55768 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.55716 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56030 |
| 2nd High | 0.56023 |
| Next High | 0.55716 |
| Current Price | 0.55660 |
| Next Low | 0.55410 |
| 2nd Low | |
| 3rd Low |