The currency pair New Zealand Dollar/US Dollar (NZD/USD) goes from the bullish trendline downwards
The bearish trend down to the next support line at 0.57736 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.57921 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.581 |
| 2nd High | 0.57976 |
| Next High | 0.57921 |
| Current Price | 0.57855 |
| Next Low | 0.57736 |
| 2nd Low | 0.57682 |
| 3rd Low | 0.57413 |
0.57921 – 0.57976 – 0.581 – 0.57736 – 0.57768 – 0.57682 —
0.57810 – 0.57928 —
44.948209843373 – 63.196759126704 —
0.57736 – 1767778200 —
0.57921 – 1767756600
Trading Signals: FOREX – NZD – NZD/USD – USD – – Double top chart pattern – – – – – – – –