NZD/USD – 1H – SELLThe currency pair New Zealand Dollar/US Dollar (NZD/USD) goes from the bullish trendline downwards
A bearish movement downwards to the next support at 0.57084 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.57432 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.5806 |
| 2nd High | 0.58011 |
| Next High | 0.57432 |
| Current Price | 0.57285 |
| Next Low | 0.57084 |
| 2nd Low | 0.56623 |
| 3rd Low | 0.55909 |
0.57432 – 0.57313 – 0.57317 – 0.57084 – 0.56623 – 0.55909 —
0.57386 – 0.57358 —
65.924362548999 – 56.807826394174 —
– —
0.57432 – 1764349200
Trading Signals: FOREX – NZD – NZD/USD – USD – – Double top retreat up – – – – – – – –