The combination New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.59248 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.59918 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.60312 |
Next High | 0.59918 |
Current Price | 0.59628 |
Next Low | 0.59248 |
2nd Low | 0.59235 |
3rd Low | 0.58936 |
0.59918 – 0.59764 – 0.59793 – 0.59248 – 0.59235 – 0.58936
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down