NZD/USD – 1H – SELLThe pair moves from the ascending trendline downwards
The bearish trend down to the next support at 0.61068 is certain.
Caution: A possible change in the direction of the resistance zone at 0.61405 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.63131 |
| 2nd High | 0.61446 |
| Next High | 0.61405 |
| Current Price | 0.60699 |
| Next Low | 0.61068 |
| 2nd Low | 0.61060 |
| 3rd Low | 0.59739 |