NZD/USD – 1H – BUYThe 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