The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline upwards
A bullish trend upwards to the next resistance at 0.58925 will continue.
Caution: A possible change in the direction of support at 0.584 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘MACD Hidden Bullish Divergence’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.58576122 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.58925 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59223 |
| 2nd High | 0.59206 |
| Next High | 0.58925 |
| Current Price | 0.58491 |
| Next Low | 0.584 |
| 2nd Low | 0.58149 |
| 3rd Low | 0.57919 |
0.58925 – 0.59206 – 0.59223 – 0.584 – 0.58759 – 0.58978 —
0.58555 – 0.58494 —
36.09232851362 – 31.239884853906 —
– —
0.58925 – 1776942000
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –