The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.59481 is considered certain.
Caution: A possible change in the direction of the support level at 0.59004 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59565 |
| 2nd High | 0.59552 |
| Next High | 0.59481 |
| Current Price | 0.59234 |
| Next Low | 0.59004 |
| 2nd Low | 0.58608 |
| 3rd Low | 0.58356 |
0.59481 – 0.59328 – 0.59066 – 0.59004 – 0.58608 – 0.58356 —
0.59294 – 0.59242 —
50.157257003899 – 47.358975658914 —
– —
0.59481 – 1772679600
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –