NZD/USD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.597445 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.60374 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60836 |
| 2nd High | 0.60607 |
| Next High | 0.60374 |
| Current Price | 0.60005 |
| Next Low | 0.59304 |
| 2nd Low | 0.59115 |
| 3rd Low |