NZD/USD – 1H – SELLThe currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the ascending trendline down.
A descent downwards to the next support level at 0.60035 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.60412 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60799 |
| 2nd High | 0.60710 |
| Next High | 0.60412 |
| Current Price | 0.60692 |
| Next Low | 0.60035 |
| 2nd Low | 0.59948 |
| 3rd Low | 0.59914 |
0.60412 – 0.60710 – 0.60655 – 0.60035 – 0.59948 – 0.60053