NZD/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.613545 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.61586 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61859 |
| 2nd High | 0.61649 |
| Next High | 0.61586 |
| Current Price | 0.61492 |
| Next Low | 0.61290 |
| 2nd Low | 0.61060 |
| 3rd Low | 0.60663 |