NZD/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.6009 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.60130 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60525 |
| 2nd High | 0.60315 |
| Next High | 0.60130 |
| Current Price | 0.59848 |
| Next Low | 0.59573 |
| 2nd Low | |
| 3rd Low |