NZD/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.57534 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.57781 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58877 |
| 2nd High | 0.58171 |
| Next High | 0.57781 |
| Current Price | 0.57755 |
| Next Low | 0.57534 |
| 2nd Low | |
| 3rd Low |