NZD/USD – 1H – SELLThe pair moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.60440 is certain.
Caution: A possible change in the direction of the resistance level at 0.60752 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61054 |
| 2nd High | 0.60793 |
| Next High | 0.60752 |
| Current Price | 0.60606 |
| Next Low | 0.60440 |
| 2nd Low | 0.60393 |
| 3rd Low |