NZD/USD – 1H – SELLThe combination moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.59469 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.59722 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60374 |
| 2nd High | 0.59771 |
| Next High | 0.59722 |
| Current Price | 0.59397 |
| Next Low | 0.59469 |
| 2nd Low | 0.59304 |
| 3rd Low | 0.59115 |