NZD/USD – 30M – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.59396 is certain.
Caution: A possible change in the direction of resistance at 0.60203 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60525 |
| 2nd High | 0.60315 |
| Next High | 0.60203 |
| Current Price | 0.59228 |
| Next Low | 0.59396 |
| 2nd Low | |
| 3rd Low |