The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline down.
A bearish trend down to the next support at 0.60035 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.60412 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60710 |
| 2nd High | 0.60691 |
| Next High | 0.60412 |
| Current Price | 0.60737 |
| Next Low | 0.60035 |
| 2nd Low | 0.59948 |
| 3rd Low | 0.59914 |
0.60412 – 0.60691 – 0.60710 – 0.60035 – 0.60042 – 0.59948
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji