Sell NZD/USD – 1H – SELL

The currency pair New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 0.5733 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.57776 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.5733 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 0.57776 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.58529
2nd High 0.58421
Next High 0.57776
Current Price 0.57556
Next Low 0.5733
2nd Low 0.57106
3rd Low 0.57084

0.57776 – 0.58421 – 0.58529 – 0.5733 – 0.57396 – 0.57895 —
0.57611 – 0.57627 —
37.798177424193 – 52.012197338487 —
– —
0.57776 – 1767373200

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