NZD/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.5953 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.59972 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60315 |
| 2nd High | 0.60130 |
| Next High | 0.59972 |
| Current Price | 0.59465 |
| Next Low | |
| 2nd Low | |
| 3rd Low |