NZD/USD – 1H – SELLThe pair jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.61068 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.61446 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.63783 |
| 2nd High | 0.63131 |
| Next High | 0.61446 |
| Current Price | 0.60996 |
| Next Low | 0.61068 |
| 2nd Low | 0.61060 |
| 3rd Low | 0.59739 |