NZD/USD – 1H – BUYThe currency pair goes from the descending trendline upwards
The bullish trend upwards to the next resistance at 0.60315 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.59909 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60836 |
| 2nd High | 0.60607 |
| Next High | 0.60315 |
| Current Price | 0.60005 |
| Next Low | 0.59909 |
| 2nd Low | |
| 3rd Low |