NZD/USD – 1H – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline downwards
The bearish trend downwards to the next support level at 0.59546 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.59987 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘ ‘ indicator layout is discovered. The indicator is ‘ ‘. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60925 |
| 2nd High | 0.60818 |
| Next High | 0.59987 |
| Current Price | 0.60151 |
| Next Low | 0.59546 |
| 2nd Low | 0.5891 |
| 3rd Low | 0.58336 |
0.59987 – 0.59749 – 0.59276 – 0.59546 – 0.5891 – 0.58336 —
0.59741 – 0.60220 —
55.881462423413 – 74.350017338194 —
– —
0.59987 – 1769454000
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –