NZD/USD – 1H – BUYThe pair breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 0.60203 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.59304 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60607 |
| 2nd High | 0.60315 |
| Next High | 0.60203 |
| Current Price | 0.60235 |
| Next Low | 0.59304 |
| 2nd Low | 0.59115 |
| 3rd Low |