The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.57929 is expected.
Caution: A possible change in the direction of the support line at 0.57397 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.581 |
| 2nd High | 0.57976 |
| Next High | 0.57929 |
| Current Price | 0.57879 |
| Next Low | 0.57397 |
| 2nd Low | 0.57251 |
| 3rd Low | 0.57235 |
0.57792 – 0.57669 – 0.5752 – 0.57397 – 0.57413 – 0.57251 —
0.57799 – 0.57873 —
64.847249236781 – 66.727530231178 —
– —
0.57792 – 1768806000
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –