NZD/USD – 1H – SELLThe currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the ascending trendline down.
A bearish movement downwards to the next support line at 0.58177 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.59634 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60925 |
| 2nd High | 0.60818 |
| Next High | 0.59634 |
| Current Price | 0.59679 |
| Next Low | 0.58177 |
| 2nd Low | 0.57995 |
| 3rd Low | 0.5485 |
0.59634 – 0.59594 – 0.59453 – 0.58177 – 0.58283 – 0.58518 — 60.35389435505 – 57.560520718396 — 13.149736069644 – 2.7898519844314 – 42.087673738838 – 19.580113809496