NZD/USD – 30M – SELL

The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the bullish trendline down.

A bearish trend downwards to the next support line at 0.55823 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.56153 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.55917902 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.56153 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

0.56153 – 0.56069 – 0.56384 – 0.56025 – 0.55823 – 0.55791 —
0.56071 – 0.56122 —
48.217931744614 – 55.42308294912 —
– —
0.56153 – 1763766000

Trading Signals: FOREX – NZD – NZD/USD – USD – – Rising Wedge Chart Pattern – – – – – – – –