The combination New Zealand Dollar/US Dollar (NZD/USD) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.60582 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60799 |
| 2nd High | 0.60651 |
| Next High | 0.60582 |
| Current Price | 0.60337 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.60582 – 0.60571 – 0.60651 – 0.60274 – 0.60353 – 0.60061