Next a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.588895 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.59193 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59287 |
| 2nd High | 0.59203 |
| Next High | 0.59193 |
| Current Price | 0.58993 |
| Next Low | 0.58718 |
| 2nd Low | 0.58492 |
| 3rd Low | 0.58149 |
0.59193 – 0.59203 – 0.59287 – 0.58718 – 0.58492 – 0.58794 —
0.59070 – 0.59140 —
54.356333069635 – 55.546333105421 —
– —
0.59193 – 1776790800
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –