Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.59987 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.59987 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.6079 |
| 2nd High | 0.60581 |
| Next High | 0.59987 |
| Current Price | 0.59951 |
| Next Low | 0.59546 |
| 2nd Low | 0.59538 |
| 3rd Low | 0.59514 |
0.59785 – 0.59987 – 0.59749 – 0.59546 – 0.59587 – 0.59538 —
0.59741 – 0.59960 —
56.009110489899 – 62.728648291122 —
– —
0.59785 – 1769488200
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –