NZD/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.60812056 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.60987 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61191 |
| 2nd High | 0.61011 |
| Next High | 0.60987 |
| Current Price | 0.60896 |
| Next Low | 0.60806 |
| 2nd Low | 0.60695 |
| 3rd Low | 0.60534 |