NZD/USD – 1H – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.60274 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.60616 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60799 |
| 2nd High | 0.60651 |
| Next High | 0.60616 |
| Current Price | 0.60337 |
| Next Low | 0.60274 |
| 2nd Low | 0.60061 |
| 3rd Low | 0.59914 |
0.60616 – 0.60582 – 0.60651 – 0.60274 – 0.60061 – 0.59914
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows