The pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the descending trendline up.
An ascent upwards to the next resistance at 0.60629 will continue.
Caution: A possible change in the direction of the support line at 0.59762 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60922 |
| 2nd High | 0.60786 |
| Next High | 0.60629 |
| Current Price | 0.59895 |
| Next Low | 0.59762 |
| 2nd Low | 0.59546 |
| 3rd Low | 0.5891 |
0.60629 – 0.60575 – 0.60786 – 0.59762 – 0.60191 – 0.59901 —
0.59938 – 0.60009 —
38.379880175969 – 41.404310830185 —
– —
0.60629 – 1770159600
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –