NZD/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.588895 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.59287 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59479 |
| 2nd High | 0.59404 |
| Next High | 0.59287 |
| Current Price | 0.59051 |
| Next Low | 0.58627 |
| 2nd Low | 0.58492 |
| 3rd Low | 0.58149 |
0.58951 – 0.58825 – 0.59287 – 0.58627 – 0.58492 – 0.58794 —
0.58927 – 0.59140 —
58.537386088037 – 69.872665780422 —
– —
0.58951 – 1776708000
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –