The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the ascending trendline down.
A descending movement downwards to the next support level at 0.59041 is expected.
Caution: A possible change in the direction of the resistance zone at 0.59286 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59722 |
2nd High | 0.59470 |
Next High | 0.59286 |
Current Price | 0.59038 |
Next Low | 0.59041 |
2nd Low | 0.58852 |
3rd Low | 0.58806 |