The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.59709 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.5942 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60135 |
| 2nd High | 0.6003 |
| Next High | 0.59709 |
| Current Price | 0.59687 |
| Next Low | 0.5942 |
| 2nd Low | 0.59375 |
| 3rd Low | 0.59279 |
0.59709 – 0.59709 – 0.6003 – 0.5942 – 0.59471 – 0.59445 —
0.59650 – 0.59683 —
52.003482751346 – 58.011424133444 —
– —
0.59709 – 1771930800
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –