NZD/USD – 1H – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.62095 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.62597 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62739 |
| 2nd High | 0.62683 |
| Next High | 0.62597 |
| Current Price | 0.62279 |
| Next Low | 0.62095 |
| 2nd Low | 0.61807 |
| 3rd Low | 0.61753 |