Buy NZD/USD – 30M – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance line at 0.56153 is certain.

Caution: A possible trend reversal in the direction of the support line at 0.55949 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.56244052 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.56153 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.56431
2nd High 0.56384
Next High 0.56153
Current Price 0.56115
Next Low 0.55949
2nd Low 0.55823
3rd Low 0.55791

0.56153 – 0.56069 – 0.56384 – 0.55949 – 0.56025 – 0.55823 —
0.56104 – 0.56133 —
53.87136706988 – 55.646358289172 —
– —
0.56153 – 1763766000

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