NZD/USD – 30M – BUYThe currency pair New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.59248 is likely expected.
Caution: A possible change in the direction of resistance at 0.59764 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60063 |
| 2nd High | 0.59793 |
| Next High | 0.59764 |
| Current Price | 0.59597 |
| Next Low | 0.59248 |
| 2nd Low | 0.59235 |
| 3rd Low | 0.58936 |
0.59764 – 0.59793 – 0.59715 – 0.59248 – 0.59437 – 0.59235
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down