NZD/USD – 1H – SELL
The combination moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.59868 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.60315 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.60836 |
2nd High | 0.60607 |
Next High | 0.60315 |
Current Price | 0.60051 |
Next Low | 0.59868 |
2nd Low | |
3rd Low |