Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.5875376 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.59197 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59479 |
| 2nd High | 0.59404 |
| Next High | 0.59197 |
| Current Price | 0.58990 |
| Next Low | 0.58914 |
| 2nd Low | 0.5848 |
| 3rd Low |
0.59197 – 0.59404 – 0.59479 – 0.58914 – 0.59206 – 0.59071 —
0.59009 – 0.59082 —
36.13212975633 – 47.016256376488 —
0.58914 – 1773284400 —
0.59197 – 1773275400
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –