NZD/USD – 1H – BUYThe combination breaks through the bearish trendline up.
An ascending movement up to the next resistance line at is considered certain.
Caution: A possible change in the direction of the support line at 0.62520 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.63552 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.63554 |
| Next Low | 0.62520 |
| 2nd Low | 0.62248 |
| 3rd Low | 0.62095 |