NZD/USD – 30M – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) moves from the ascending trendline downwards
A bearish movement downwards to the next support at will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.58838 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 0.58493 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.58838 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59216 |
| 2nd High | 0.58855 |
| Next High | 0.58838 |
| Current Price | 0.58292 |
| Next Low | |
| 2nd Low | |
| 3rd Low |