NZD/USD – 1H – SELLThe currency pair moves from the descending trendline down.
A continuation of the downtrend down to the next support at 0.59396 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.59802 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60130 |
| 2nd High | 0.59972 |
| Next High | 0.59802 |
| Current Price | 0.59636 |
| Next Low | 0.59396 |
| 2nd Low | |
| 3rd Low |