NZD/USD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.61497 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.61934 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62739 |
| 2nd High | 0.62539 |
| Next High | 0.61934 |
| Current Price | 0.61652 |
| Next Low | 0.61060 |
| 2nd Low | 0.59739 |
| 3rd Low | 0.59126 |