NZD/USD – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.60521 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.60607 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60891 |
| 2nd High | 0.60836 |
| Next High | 0.60607 |
| Current Price | 0.60445 |
| Next Low | 0.60206 |
| 2nd Low | |
| 3rd Low |