Also there is a ‘Double top retreat up’ chart pattern is existing. The chart shows ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to rise.
The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline upwards
An ascending movement up to the next resistance at 0.60496 will persist.
Caution: A possible change in the direction of the support line at 0.59967 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60756 |
| 2nd High | 0.60503 |
| Next High | 0.60496 |
| Current Price | 0.60265 |
| Next Low | 0.59967 |
| 2nd Low | 0.59279 |
| 3rd Low | 0.5891 |
0.60496 – 0.60355 – 0.60479 – 0.60187 – 0.60296 – 0.60225 —
0.60481 – 0.60205 —
53.484932475615 – 27.162829970784 —
– —
0.60496 – 1771333200
Trading Signals: FOREX – NZD – NZD/USD – USD – – Double top retreat up – – – – – – – –