NZD/USD – 4H – SELLThe currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline downwards
A descent downwards to the next support at 0.60061 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.60799 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.60799 |
| Current Price | 0.60294 |
| Next Low | 0.60061 |
| 2nd Low | 0.59235 |
| 3rd Low | 0.58936 |
0.60799 – 0.60542 – 0.60312 – 0.60061 – 0.59235 – 0.58936
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Inside Down