NZD/USD – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.59659 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.60203 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60607 |
| 2nd High | 0.60315 |
| Next High | 0.60203 |
| Current Price | 0.59718 |
| Next Low | 0.59115 |
| 2nd Low | |
| 3rd Low |