NZD/USD – 1H – SELLThe 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