NZD/USD – 30M – SELLThe currency pair moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.60534 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.61054 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61405 |
| 2nd High | 0.61191 |
| Next High | 0.61054 |
| Current Price | 0.60608 |
| Next Low | 0.60534 |
| 2nd Low | 0.60522 |
| 3rd Low | 0.60145 |