NZD/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.61497 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.61914 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62539 |
| 2nd High | 0.61934 |
| Next High | 0.61914 |
| Current Price | 0.61664 |
| Next Low | 0.61290 |
| 2nd Low | 0.61060 |
| 3rd Low | 0.60663 |