NZD/USD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.5890872 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.59279 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59470 |
| 2nd High | 0.59286 |
| Next High | 0.59279 |
| Current Price | 0.58996 |
| Next Low | 0.58898 |
| 2nd Low | 0.58852 |
| 3rd Low | 0.58806 |