NZD/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.60740064 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.61054 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61446 |
| 2nd High | 0.61405 |
| Next High | 0.61054 |
| Current Price | 0.60899 |
| Next Low | 0.60834 |
| 2nd Low | 0.60534 |
| 3rd Low | 0.60522 |