NZD/USD – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.58542398 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.59216 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59722 |
| 2nd High | 0.59470 |
| Next High | 0.59216 |
| Current Price | 0.58697 |
| Next Low | 0.58634 |
| 2nd Low | 0.58359 |
| 3rd Low |