NZD/USD – 1H – SELLThe combination moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.59868 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.60315 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60836 |
| 2nd High | 0.60607 |
| Next High | 0.60315 |
| Current Price | 0.60051 |
| Next Low | 0.59868 |
| 2nd Low | |
| 3rd Low |