And also a ‘Double bottom chart pattern’ chart layout is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 0.60609 is considered certain.
Caution: A possible change in the direction of the support level at 0.6032 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60786 |
| 2nd High | 0.60629 |
| Next High | 0.60609 |
| Current Price | 0.60625 |
| Next Low | 0.6032 |
| 2nd Low | 0.59967 |
| 3rd Low | 0.59279 |
0.60609 – 0.60594 – 0.60336 – 0.6032 – 0.59967 – 0.59279 —
0.60417 – 0.60664 —
47.720237947096 – 56.870849258127 —
– —
0.60609 – 1770739200
Trading Signals: FOREX – NZD – NZD/USD – USD – – Double bottom chart pattern – – – – – – – –