NZD/USD – 1H – SELLThe currency pair goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.59573 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.60130 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60607 |
| 2nd High | 0.60315 |
| Next High | 0.60130 |
| Current Price | 0.59791 |
| Next Low | 0.59573 |
| 2nd Low | |
| 3rd Low |