The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.57921 is expected.
Caution: A possible counter-trend in the direction of support at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.
And also a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.581 |
| 2nd High | 0.57976 |
| Next High | 0.57921 |
| Current Price | 0.57918 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.57921 – 0.57976 – 0.581 – 0.57736 – 0.57768 – 0.57682 —
0.57911 – 0.57926 —
57.724326314472 – 59.467130382683 —
– —
0.57921 – 1767756600
Trading Signals: FOREX – NZD – NZD/USD – USD – – Double bottom retreat down – – – – – – – –