NZD/USD – 1H – BUYThe currency pair moves from the descending trendline up.
A bullish ascent up to the next resistance at 0.61054 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.60534 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61405 |
| 2nd High | 0.61191 |
| Next High | 0.61054 |
| Current Price | 0.60649 |
| Next Low | 0.60534 |
| 2nd Low | 0.60522 |
| 3rd Low | 0.59739 |