The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the ascending trendline downwards
The bearish trend down to the next support level at 0.60807 is certain.
Caution: A possible change in the direction of the resistance line at 0.61200 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.61200 |
| Current Price | 0.60935 |
| Next Low | 0.60807 |
| 2nd Low | 0.60750 |
| 3rd Low | 0.60565 |
0.61200 – 0.60985 – 0.60851 – 0.60807 – 0.60750 – 0.60565