Buy NZD/USD – 1H – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the ascending trendline up.

A continuation of the uptrend up to the next resistance at 0.58915 is certain.

Caution: A possible trend reversal in the direction of the support zone at 0.57737 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.58016424 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.58915 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.59479
2nd High 0.58921
Next High 0.58915
Current Price 0.58516
Next Low 0.57737
2nd Low 0.57397
3rd Low 0.57251

0.58915 – 0.58921 – 0.58721 – 0.57978 – 0.57847 – 0.58166 —
0.58159 – 0.57820 —
35.385904849182 – 24.508285485887 —
– —
0.58915 – 1774000800

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