NZD/USD – 30M – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.55410 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.56307 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56922 |
| 2nd High | 0.56414 |
| Next High | 0.56307 |
| Current Price | 0.55942 |
| Next Low | 0.55410 |
| 2nd Low | |
| 3rd Low |