NZD/USD – 1H – BUYThe currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.57859 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.57585 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58877 |
| 2nd High | 0.58171 |
| Next High | 0.57859 |
| Current Price | 0.57909 |
| Next Low | 0.57585 |
| 2nd Low | 0.57534 |
| 3rd Low |