NZD/USD – 1H – BUYThe combination breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.62988 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.62586 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.62988 |
| Current Price | 0.63162 |
| Next Low | 0.62586 |
| 2nd Low | 0.62248 |
| 3rd Low | 0.62095 |