NZD/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.61649 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.61649 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62539 |
| 2nd High | 0.61859 |
| Next High | 0.61649 |
| Current Price | 0.61636 |
| Next Low | 0.61290 |
| 2nd Low | 0.61060 |
| 3rd Low | 0.60663 |