Buy NZD/USD – 4H – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the descending trendline downwards

A continuation of the downtrend down to the next support at 0.58936 is certain.

Caution: A possible change in the direction of the resistance level at 0.60312 is also possible.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.60312
Current Price 0.59475
Next Low 0.58936
2nd Low 0.58602
3rd Low 0.58462

0.60312 – 0.59675 – 0.59685 – 0.58936 – 0.58602 – 0.58462

Trading Signals:

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