Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.586955 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.59244 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59479 |
| 2nd High | 0.59287 |
| Next High | 0.59244 |
| Current Price | 0.58875 |
| Next Low | 0.58865 |
| 2nd Low | 0.58147 |
| 3rd Low | 0.57919 |
0.59244 – 0.59101 – 0.58915 – 0.58865 – 0.58147 – 0.58654 —
0.59090 – 0.59020 —
59.656914108411 – 47.233114567785 —
– —
0.59244 – 1777654800
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –