NZD/USD – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.57034 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.5691 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58447 |
| 2nd High | 0.58011 |
| Next High | 0.5691 |
| Current Price | 0.56651 |
| Next Low | 0.56342 |
| 2nd Low | 0.56057 |
| 3rd Low | 0.5485 |
0.5691 – 0.56698 – 0.58011 – 0.56342 – 0.56057 – 0.56301 —
0.56886 – 0.56747 —
51.848378097366 – 52.531459893201 —
– —
0.56910 – 1763092800