NZD/USD – 30M – SELLThe combination jumps from the ascending trendline down.
A descent downwards to the next support line at 0.63045 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.63783 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.63783 |
| Current Price | 0.62923 |
| Next Low | 0.63045 |
| 2nd Low | 0.62954 |
| 3rd Low | 0.62520 |