NZD/USD – 1H – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) goes from the bullish trendline down.
A bearish movement downwards to the next support line at 0.58177 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.59175 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59423 |
| 2nd High | 0.59302 |
| Next High | 0.59175 |
| Current Price | 0.59226 |
| Next Low | 0.58177 |
| 2nd Low | 0.57995 |
| 3rd Low | 0.5485 |
0.59175 – 0.58648 – 0.58678 – 0.58177 – 0.58283 – 0.58518 — 70.363938178932 – 69.775617695201 — 96.420359696368 – 91.916280827743 – 93.584911799673 – 95.681018509899
Trading Signals: FOREX – NZD – NZD/USD – USD – Matching Low – Rising Wedge Chart Pattern – –