NZD/USD – 1H – BUYCorrection 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 0.59907 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.59907 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60125 |
| 2nd High | 0.60043 |
| Next High | 0.59907 |
| Current Price | 0.59618 |
| Next Low | 0.58714 |
| 2nd Low | 0.58563 |
| 3rd Low | 0.58147 |
0.59907 – 0.5926 – 0.59244 – 0.58714 – 0.58563 – 0.58865 —
0.59547 – 0.59572 —
58.131074415748 – 57.912991568677 —
– —
0.59907 – 1778072400
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –