NZD/USD – 1H – SELLThe currency pair jumps from the bullish trendline down.
A bearish movement downwards to the next support line at 0.60440 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.60836 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61191 |
| 2nd High | 0.61054 |
| Next High | 0.60836 |
| Current Price | 0.60418 |
| Next Low | 0.60440 |
| 2nd Low | 0.60393 |
| 3rd Low |