NZD/USD – 30M – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.58634 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.58855 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59470 |
| 2nd High | 0.59216 |
| Next High | 0.58855 |
| Current Price | 0.58624 |
| Next Low | 0.58634 |
| 2nd Low | 0.58359 |
| 3rd Low |