NZD/USD – 30M – BUYThe currency pair jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.62988 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.62586 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.62805 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.62988 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.62988 |
| Current Price | 0.62881 |
| Next Low | 0.62586 |
| 2nd Low | 0.62248 |
| 3rd Low | 0.62095 |