NZD/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.59839 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.60374 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60607 |
| 2nd High | 0.60525 |
| Next High | 0.60374 |
| Current Price | 0.59617 |
| Next Low | 0.59469 |
| 2nd Low | 0.59304 |
| 3rd Low | 0.59115 |