NZD/USD – 4H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.59287 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.59235 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.5964 |
| 2nd High | 0.59287 |
| Next High | 0.59235 |
| Current Price | 0.59134 |
| Next Low | 0.58147 |
| 2nd Low | 0.57919 |
| 3rd Low | 0.5681 |
0.59235 – 0.59223 – 0.59287 – 0.58147 – 0.58397 – 0.58492 —
0.58951 – 0.59110 —
57.295714259268 – 55.940884366599 —
– —
0.59235 – 1777305600
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –