NZD/USD – 1H – SELLThe currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.58160 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.58688 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58855 |
| 2nd High | 0.58838 |
| Next High | 0.58688 |
| Current Price | 0.58468 |
| Next Low | 0.58160 |
| 2nd Low | |
| 3rd Low |