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20.09.2023 07:42 AM
NZDUSD H4 | Falling to support level?
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The NZD/USD chart shows a mild bearish trend, with a potential decline to the 1st support at 0.5891 if it breaks the intermediate overlap support at 0.5933. The 2nd support is at 0.5859, termed as a pullback. Resistance levels stand at 0.5955, aligning with the 61.80% Fibonacci retracement, and 0.6001, a multi-swing-high resistance.

Dean Leo,
Analytical expert of InstaTrade
© 2007-2025

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