Furthermore a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.5924025 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.59456 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59552 |
| 2nd High | 0.59481 |
| Next High | 0.59456 |
| Current Price | 0.58996 |
| Next Low | 0.58608 |
| 2nd Low | 0.58356 |
| 3rd Low | 0.58336 |
0.59456 – 0.59481 – 0.59328 – 0.59017 – 0.59004 – 0.58608 —
0.58955 – 0.58805 —
29.472592452691 – 35.802615731628 —
– —
0.59456 – 1772708400
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –