The currency pair New Zealand Dollar/US Dollar (NZD/USD) goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.60353 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.60571 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60799 |
| 2nd High | 0.60651 |
| Next High | 0.60571 |
| Current Price | 0.60509 |
| Next Low | 0.60353 |
| 2nd Low | 0.60061 |
| 3rd Low | 0.59914 |
0.60571 – 0.60651 – 0.60500 – 0.60353 – 0.60061 – 0.60257