Sell NZD/USD – 30M – SELL

The currency pair New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 0.57789 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.58366 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

Support & Resistance Price Range*
3rd High 0.58867
2nd High 0.58843
Next High 0.58366
Current Price 0.58157
Next Low 0.57789
2nd Low 0.56939
3rd Low 0.56889

0.58366 – 0.58843 – 0.58867 – 0.57789 – 0.58506 – 0.58619 —
0.58366 – 0.58212 —
65.5052764042 – 54.651601695766 —
0.58366 – 1780927200 —
– 1780927200

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