NZD/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.60524744 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.60836 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.61054 |
| 2nd High | 0.60891 |
| Next High | 0.60836 |
| Current Price | 0.60555 |
| Next Low | 0.60528 |
| 2nd Low | 0.60440 |
| 3rd Low | 0.60393 |