NZD/USD – 1H – SELLThe pair goes from the ascending trendline down.
A bearish trend down to the next support at 0.61753 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.62106 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62739 |
| 2nd High | 0.62539 |
| Next High | 0.62106 |
| Current Price | 0.61906 |
| Next Low | 0.61753 |
| 2nd Low | 0.61518 |
| 3rd Low | 0.61060 |