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 0.6035468 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.60607 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60891 |
| 2nd High | 0.60836 |
| Next High | 0.60607 |
| Current Price | 0.60421 |
| Next Low | 0.60206 |
| 2nd Low | |
| 3rd Low |