NZD/USD – 30M – SELLThe pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.57609 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.58081 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.57609 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.58081 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58886 |
| 2nd High | 0.58877 |
| Next High | 0.58081 |
| Current Price | 0.57826 |
| Next Low | 0.57609 |
| 2nd Low | |
| 3rd Low |