NZD/USD – 30M – SELL

The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support line at 0.58979 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.59508 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Then a ‘Double top chart pattern’ chart pattern is discovered. The chart picture shows ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to fall.

Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

0.59508 – 0.59460 – 0.59493 – 0.59255 – 0.58979 – 0.59264

Download NZD/USD Signal Image

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