The combination New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.59715 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.60312 |
2nd High | 0.60063 |
Next High | 0.59715 |
Current Price | 0.59467 |
Next Low | |
2nd Low | |
3rd Low |
0.59715 – 0.60063 – 0.60312 – 0.59397 – 0.58936 – 0.58938