NZD/USD – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.61084856 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.61191 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 | 0.61191 |
| Current Price | 0.61016 |
| Next Low | 0.60732 |
| 2nd Low | 0.60695 |
| 3rd Low | 0.60534 |