The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.58635 is expected.
Caution: A possible change in the direction of the resistance level at 0.59109 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59286 |
2nd High | 0.59279 |
Next High | 0.59109 |
Current Price | 0.58831 |
Next Low | 0.58635 |
2nd Low | 0.58151 |
3rd Low | 0.57965 |