NZD/USD – 1H – SELLThe combination goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.61068 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.61446 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.63783 |
| 2nd High | 0.63131 |
| Next High | 0.61446 |
| Current Price | 0.61188 |
| Next Low | 0.61068 |
| 2nd Low | 0.61060 |
| 3rd Low | 0.59739 |