NZD/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.598665 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.59982 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60315 |
| 2nd High | 0.60151 |
| Next High | 0.59982 |
| Current Price | 0.59761 |
| Next Low | 0.59582 |
| 2nd Low | 0.59396 |
| 3rd Low |