NZD/USD – 1H – SELL
The currency pair jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.60607 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.61054 |
2nd High | 0.60836 |
Next High | 0.60607 |
Current Price | 0.59990 |
Next Low | |
2nd Low | |
3rd Low |