NZD/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.63131406 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.63783 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.63783 |
| Current Price | 0.63250 |
| Next Low | 0.62954 |
| 2nd Low | 0.62520 |
| 3rd Low | 0.62248 |