NZD/USD – 30M – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the descending trendline down.
A continuation of the downward movement down to the next support level at is certain.
Caution: A possible change in the direction of the resistance level at 0.59793 is also possible.
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 | 0.59793 |
| Current Price | 0.59402 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.59793 – 0.59715 – 0.60063 – 0.59437 – 0.59235 – 0.59397
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down