The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.59639 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.60565 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.60875 |
2nd High | 0.60794 |
Next High | 0.60565 |
Current Price | 0.59769 |
Next Low | 0.59639 |
2nd Low | 0.59577 |
3rd Low | 0.59469 |
0.60565 – 0.60393 – 0.60794 – 0.59639 – 0.60163 – 0.60173