The currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline up.
A bullish trend up to the next resistance level at 0.59793 is considered certain.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.60312 |
Next High | 0.59793 |
Current Price | 0.59639 |
Next Low | |
2nd Low | |
3rd Low |
0.59793 – 0.60312 – 0.59675 – 0.59235 – 0.58936 – 0.58938
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji