NZD/USD – 30M – SELLThe currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.58635 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.58936 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59279 |
| 2nd High | 0.59109 |
| Next High | 0.58936 |
| Current Price | 0.58725 |
| Next Low | 0.58635 |
| 2nd Low | 0.58151 |
| 3rd Low | 0.57965 |