NZD/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.60812056 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.60956 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61011 |
| 2nd High | 0.60987 |
| Next High | 0.60956 |
| Current Price | 0.60864 |
| Next Low | 0.60732 |
| 2nd Low | 0.60695 |
| 3rd Low | 0.60534 |