NZD/USD – 30M – BUYThe currency pair 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 0.59248 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.59764 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Das Währungspaar New Zealand Dollar/US Dollar (NZD/USD) springt von der absteigenden Trendline abwärts
Eine Fortsetzung des bearigen Trends abwärts zum nächsten Unterstützungs-Level bei 0.59248 ist möglich.
Vorsicht: Eine Kursänderung in Richtung der Widerstandslinie bei 0.59764 sollte beachtet werden.
Bei einem Trade sollten entsprechende Stop-Loss Einstellungen dabei berücksichtigt werden.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.59430408 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.59764 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60063 |
| 2nd High | 0.59793 |
| Next High | 0.59764 |
| Current Price | 0.59597 |
| Next Low | 0.59248 |
| 2nd Low | 0.59235 |
| 3rd Low | 0.58936 |
0.59764 – 0.59793 – 0.59715 – 0.59248 – 0.59437 – 0.59235
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down