The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.59423 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.59094 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60581 |
| 2nd High | 0.59907 |
| Next High | 0.59423 |
| Current Price | 0.59229 |
| Next Low | 0.59094 |
| 2nd Low | 0.59070 |
| 3rd Low | 0.58826 |
0.59423 – 0.59386 – 0.59907 – 0.59094 – 0.59188 – 0.59174 — 40.682839654528 – 47.01893673889 — 73.740187575595 – 77.674712451154 – 82.663545538447 – 78.026042631104