NZD/USD – 1H – SELLThe pair jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.61060 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.63131 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.63783 |
| Next High | 0.63131 |
| Current Price | 0.61140 |
| Next Low | 0.61060 |
| 2nd Low | 0.59739 |
| 3rd Low | 0.59126 |