NZD/USD – 30M – BUYThe pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the descending trendline up.
A bullish ascent upwards to the next resistance line at 0.58828 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.58388 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59722 |
| 2nd High | 0.59470 |
| Next High | 0.58828 |
| Current Price | 0.58514 |
| Next Low | 0.58388 |
| 2nd Low | |
| 3rd Low |