The pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the ascending trendline down.
A bearish movement downwards to the next support level at 0.57251 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.58529 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.612 |
| 2nd High | 0.59795 |
| Next High | 0.58529 |
| Current Price | 0.58473 |
| Next Low | 0.57251 |
| 2nd Low | 0.57107 |
| 3rd Low | 0.57106 |
0.57821 – 0.581 – 0.58529 – 0.57251 – 0.573 – 0.57107 —
0.57792 – 0.58433 —
61.488508912559 – 79.701075026328 —
– —
0.57821 – 1768305600
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –