NZD/USD – 30M – SELLThe currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.58038 is expected.
Caution: A possible change in the direction of the resistance level at 0.58877 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59044 |
| 2nd High | 0.58886 |
| Next High | 0.58877 |
| Current Price | 0.58228 |
| Next Low | 0.58038 |
| 2nd Low | 0.57965 |
| 3rd Low |