NZD/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.616285 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.61446 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62086 |
| 2nd High | 0.61729 |
| Next High | 0.61446 |
| Current Price | 0.61357 |
| Next Low | 0.61084 |
| 2nd Low | 0.61068 |
| 3rd Low | 0.61060 |