NZD/USD – 1H – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.62106 is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.61753 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62739 |
| 2nd High | 0.62539 |
| Next High | 0.62106 |
| Current Price | 0.62059 |
| Next Low | 0.61753 |
| 2nd Low | 0.61518 |
| 3rd Low | 0.61060 |