NZD/USD – 1H – SELLThe combination goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.59530 is likely expected.
Caution: A possible change in the direction of resistance at 0.59802 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60130 |
| 2nd High | 0.59972 |
| Next High | 0.59802 |
| Current Price | 0.59761 |
| Next Low | 0.59530 |
| 2nd Low | |
| 3rd Low |