NZD/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.60912546 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.60891 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61191 |
| 2nd High | 0.61054 |
| Next High | 0.60891 |
| Current Price | 0.60771 |
| Next Low | 0.60393 |
| 2nd Low | 0.60145 |
| 3rd Low | 0.59781 |