The combination New Zealand Dollar/US Dollar (NZD/USD) goes from the bullish trendline down.
A descending movement downwards to the next support line at 0.60237 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.60655 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.60799 |
| Next High | 0.60655 |
| Current Price | 0.60134 |
| Next Low | 0.60237 |
| 2nd Low | 0.60231 |
| 3rd Low | 0.60061 |
0.60655 – 0.60616 – 0.60570 – 0.60237 – 0.60231 – 0.60239
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows