NZD/USD – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.61387612 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.61567 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61859 |
| 2nd High | 0.61649 |
| Next High | 0.61567 |
| Current Price | 0.61309 |
| Next Low | 0.61242 |
| 2nd Low | 0.59739 |
| 3rd Low | 0.59126 |