NZD/USD – 30M – SELLThe pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bullish trendline down.
A bearish descent downwards to the next support at 0.60053 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.60691 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60799 |
| 2nd High | 0.60710 |
| Next High | 0.60691 |
| Current Price | 0.60187 |
| Next Low | 0.60053 |
| 2nd Low | 0.59914 |
| 3rd Low | 0.59870 |
0.60691 – 0.60710 – 0.60655 – 0.60053 – 0.60237 – 0.60231
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down