NZD/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.61934 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.62539 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62988 |
| 2nd High | 0.62739 |
| Next High | 0.62539 |
| Current Price | 0.62038 |
| Next Low | 0.61518 |
| 2nd Low | 0.61060 |
| 3rd Low | 0.59739 |