NZD/USD – 30M – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.58595 is likely expected.
Caution: A possible change in the direction of resistance at 0.58855 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59470 |
| 2nd High | 0.59216 |
| Next High | 0.58855 |
| Current Price | 0.58647 |
| Next Low | 0.58595 |
| 2nd Low | 0.58359 |
| 3rd Low |