NZD/USD – 1H – BUYThe currency pair breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 0.63131 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.61060 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.63783 |
| Next High | 0.63131 |
| Current Price | 0.61260 |
| Next Low | 0.61060 |
| 2nd Low | 0.59739 |
| 3rd Low | 0.59126 |