Sell NZD/USD – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.58356 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.59552 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.59943
2nd High 0.59565
Next High 0.59552
Current Price 0.58873
Next Low 0.58356
2nd Low 0.58336
3rd Low 0.58205

0.59552 – 0.59565 – 0.59943 – 0.58356 – 0.59158 – 0.59279 —
0.58964 – 0.58952 —
47.659528916826 – 51.118486045718 —
– —
0.59552 – 1772506800

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