The currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.59653 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.5946 could happen.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
There is also a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59943 |
| 2nd High | 0.59907 |
| Next High | 0.59653 |
| Current Price | 0.59698 |
| Next Low | 0.5946 |
| 2nd Low | 0.58714 |
| 3rd Low | 0.58563 |
0.59653 – 0.59907 – 0.59054 – 0.5946 – 0.58714 – 0.58563 —
0.59620 – 0.59593 —
57.988456863318 – 48.02077821738 —
– —
0.59653 – 1778128200
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –