The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.56268 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.565 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57297 |
| 2nd High | 0.56698 |
| Next High | 0.565 |
| Current Price | 0.56450 |
| Next Low | 0.56268 |
| 2nd Low | 0.562 |
| 3rd Low | 0.56088 |
0.565 – 0.56324 – 0.56282 – 0.56268 – 0.562 – 0.56088 —
0.56334 – 0.56467 —
45.005848435527 – 58.191677068317 —
– —
0.56500 – 1762774200
Trading Signals: FOREX – NZD – NZD/USD – USD – – Double top retreat up – – –