NZD/USD – 1H – BUYThe currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 0.58688 will persist.
Caution: A possible trend reversal in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.5964 |
| 2nd High | 0.59479 |
| Next High | 0.58688 |
| Current Price | 0.58581 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.58688 – 0.59479 – 0.5964 – 0.58166 – 0.57737 – 0.58914 —
0.58648 – 0.58591 —
62.103746378575 – 57.917913815783 —
– —
0.58688 – 1773698400
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –