NZD/USD – 30M – BUYThe currency pair jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.60752 is expected.
Caution: A possible change in the direction of the support level at 0.60511 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.607235 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.60752 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60891 |
| 2nd High | 0.60793 |
| Next High | 0.60752 |
| Current Price | 0.60677 |
| Next Low | 0.60511 |
| 2nd Low | 0.60393 |
| 3rd Low |