NZD/USD – 1H – BUYThe pair breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.60130 is likely expected.
Caution: A possible reversal of the trend in the direction of support at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60607 |
| 2nd High | 0.60315 |
| Next High | 0.60130 |
| Current Price | 0.59700 |
| Next Low | |
| 2nd Low | |
| 3rd Low |