Buy NZD/USD – 30M – BUY

The 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

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