NZD/USD – 1H – SELLThe combination goes from the bullish trendline down.
A descent downwards to the next support at 0.59304 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.60203 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60607 |
| 2nd High | 0.60315 |
| Next High | 0.60203 |
| Current Price | 0.60116 |
| Next Low | 0.59304 |
| 2nd Low | 0.59115 |
| 3rd Low |