The pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bullish trendline down.
A bearish trend downwards to the next support level at 0.58108 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.58389 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ” indicator signal is discovered. The indicator shows ”. this is usually a bearish signal. The currency pair is likely to fall.
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Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
Additionally a ‘StochOSC Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochOSC Bearish Divergence’. this is usually a bearish signal. The currency pair is likely to fall.
Additionally a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58454 |
| 2nd High | 0.58441 |
| Next High | 0.58389 |
| Current Price | 0.58521 |
| Next Low | 0.58108 |
| 2nd Low | 0.5769 |
| 3rd Low | 0.56939 |
0.58389 – 0.58441 – 0.58322 – 0.58108 – 0.5769 – 0.57854 —
0.58357 – 0.58639 —
55.151553591357 – 73.371606237129 —
– —
0.58389 – 1781267400
Trading Signals: FOREX – NZD – NZD/USD – USD – Two Crows – – – – – – – – –