The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline downwards
A descending movement downwards to the next support level at 0.58938 is certain.
Caution: A possible change in the direction of the resistance zone at 0.59685 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Die Kombination New Zealand Dollar/US Dollar (NZD/USD) läuft von der bulligen Trendlinie abwärts
Eine absteigende Bewegung nach unten zur nächsten Unterstützung bei 0.58938 wird weiterlaufen.
Vorsicht: Eine Trendumkehr in Richtung des Widerstands bei 0.59685 könnte ermöglicht werden.
Stop-Loss Einstellungen entsprechend berücksichtigen.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.591637 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.59685 is also possible.
Consider stop-loss settings accordingly.
Trading Signals: FOREX – NZD – NZD/USD – USD – Southern Doji