NZD/USD – 30M – SELLThe currency pair goes from the bullish trendline downwards
A descending movement down to the next support line at 0.60663 will persist.
Caution: A possible change in the direction of the resistance zone at 0.61405 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.61068 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.61405 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61729 |
| 2nd High | 0.61446 |
| Next High | 0.61405 |
| Current Price | 0.60923 |
| Next Low | 0.60663 |
| 2nd Low | 0.60145 |
| 3rd Low | 0.59781 |