NZD/USD – 30M – BUYThe pair moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.59664 is certain.
Caution: A possible change in the direction of the resistance level at 0.60151 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.60151 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.60151 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60525 |
| 2nd High | 0.60315 |
| Next High | 0.60151 |
| Current Price | 0.60071 |
| Next Low | 0.59664 |
| 2nd Low | 0.59582 |
| 3rd Low | 0.59396 |