The combination New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.58914 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.59479 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60043 |
| 2nd High | 0.5964 |
| Next High | 0.59479 |
| Current Price | 0.59028 |
| Next Low | 0.58914 |
| 2nd Low | 0.5848 |
| 3rd Low | 0.58356 |
0.59479 – 0.5964 – 0.59152 – 0.58914 – 0.59206 – 0.59071 —
0.59095 – 0.59091 —
42.414923150455 – 47.761312682977 —
– —
0.59479 – 1773216000
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –