The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.60022 will continue.
Caution: A possible change in the direction of support at 0.59762 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.59947538 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.60022 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60629 |
| 2nd High | 0.6047 |
| Next High | 0.60022 |
| Current Price | 0.59797 |
| Next Low | 0.59762 |
| 2nd Low | 0.59546 |
| 3rd Low | 0.59538 |
0.60022 – 0.59972 – 0.6047 – 0.59797 – 0.59762 – 0.59872 —
0.59981 – 0.59870 —
43.429128428701 – 40.880181163829 —
– —
0.60022 – 1770305400
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –