NZD/USD – 30M – BUYThe currency pair goes from the descending trendline up.
An ascending movement upwards to the next resistance at 0.63783 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.62954 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.63783 |
| Current Price | 0.63266 |
| Next Low | 0.62954 |
| 2nd Low | 0.62520 |
| 3rd Low | 0.62248 |