The pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bullish trendline downwards
A descending movement down to the next support line at 0.58216 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.58639 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
Moreover a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58867 |
| 2nd High | 0.58843 |
| Next High | 0.58639 |
| Current Price | 0.58499 |
| Next Low | 0.58216 |
| 2nd Low | 0.58108 |
| 3rd Low | 0.5769 |
0.58639 – 0.58389 – 0.58441 – 0.58216 – 0.58108 – 0.5769 —
0.58515 – 0.58626 —
58.875362034417 – 69.622102410071 —
– —
0.58639 – 1781485200
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –