NZD/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.586645 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.59044 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59279 |
| 2nd High | 0.59109 |
| Next High | 0.59044 |
| Current Price | 0.58823 |
| Next Low | 0.58517 |
| 2nd Low | 0.58475 |
| 3rd Low | 0.58285 |