NZD/USD – 1H – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) moves from the ascending trendline down.
A descending movement downwards to the next support at 0.58177 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.59906 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60925 |
| 2nd High | 0.60818 |
| Next High | 0.59906 |
| Current Price | 0.59766 |
| Next Low | 0.58177 |
| 2nd Low | 0.57995 |
| 3rd Low | 0.5485 |
0.59906 – 0.59746 – 0.59795 – 0.58177 – 0.58283 – 0.58518 — 50.313997932046 – 48.688667660699 — 3.5070458357408 – 1.9928664439789 – 3.3671930749516 – 2.3380305571605
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Double bottom chart pattern – –