The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.58800 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.58970 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59077 |
2nd High | 0.59047 |
Next High | 0.58970 |
Current Price | 0.58906 |
Next Low | 0.58800 |
2nd Low | 0.58151 |
3rd Low | 0.57965 |