NZD/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.59909 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.60315 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60836 |
| 2nd High | 0.60607 |
| Next High | 0.60315 |
| Current Price | 0.60071 |
| Next Low | 0.59909 |
| 2nd Low | |
| 3rd Low |