NZD/USD – 1H – SELLAdditionally a ‘Head and Shoulder chart pattern’ chart pattern is discovered. The chart shows ‘Head and Shoulder chart pattern’. which is a negative chart scenario. The pair is likely to go down.
The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0 is certain.
Caution: A possible trend reversal in the direction of resistance at 0 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.60157 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
0.60786 – 0.60922 – 0.60503 – 0.60222 – 0.60143 – 0.60073 —
0.60463 – 0.60332 —
42.179043323887 – 45.963968337643 —
– —
0.60786 – 1769781600
Trading Signals: FOREX – NZD – NZD/USD – USD – – Head and Shoulder chart pattern – – – – – – – –