NZD/USD – 4H – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.58177 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.58803 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.612 |
| 2nd High | 0.59423 |
| Next High | 0.58803 |
| Current Price | 0.58666 |
| Next Low | 0.58177 |
| 2nd Low | 0.57995 |
| 3rd Low | 0.5485 |
0.58803 – 0.59423 – 0.612 – 0.58177 – 0.57995 – 0.5907 — 47.631091214903 – 46.914736055424 — 64.728441127695 – 63.177955356979 – 65.169591382652 – 66.405504190303
Trading Signals: FOREX – NZD – NZD/USD – USD – Matching Low – Triple bottom chart pattern – –