Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
Then a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.58954 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.59481 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59565 |
| 2nd High | 0.59552 |
| Next High | 0.59481 |
| Current Price | 0.59164 |
| Next Low | 0.59017 |
| 2nd Low | 0.59004 |
| 3rd Low | 0.58608 |
0.59481 – 0.59328 – 0.59066 – 0.59017 – 0.59004 – 0.58608 —
0.59147 – 0.59319 —
42.252677986133 – 51.703758272799 —
0.59017 – 1772706600 —
0.59481 – 1772679600
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –