The pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bearish trendline upwards
An ascent upwards to the next resistance line at 0.6073 is likely expected.
Caution: A possible change in the direction of the support level at 0.60525 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60822 |
| 2nd High | 0.60786 |
| Next High | 0.6073 |
| Current Price | 0.60469 |
| Next Low | 0.60525 |
| 2nd Low | 0.6032 |
| 3rd Low | 0.59967 |
0.6073 – 0.60609 – 0.60594 – 0.60525 – 0.6032 – 0.60329 —
0.60693 – 0.60616 —
55.214151885866 – 33.34703687051 —
– —
0.6073 – 1770813000
Trading Signals: FOREX – NZD – NZD/USD – USD – – Inverse Head and Shoulder chart pattern – – – – – – – –