The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.60312 will continue.
Caution: A possible counter-trend in the direction of the support level at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.60312 |
Current Price | 0.59606 |
Next Low | |
2nd Low | |
3rd Low |
0.60312 – 0.59675 – 0.59685 – 0.58936 – 0.58602 – 0.58462
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji