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 0.568765 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.56719 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57677 |
| 2nd High | 0.57369 |
| Next High | 0.56719 |
| Current Price | 0.56549 |
| Next Low | 0.56123 |
| 2nd Low | 0.56076 |
| 3rd Low |