Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.58594768 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.59173 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59287 |
| 2nd High | 0.59235 |
| Next High | 0.59173 |
| Current Price | 0.58772 |
| Next Low | 0.58576 |
| 2nd Low | 0.58397 |
| 3rd Low | 0.58149 |
0.59173 – 0.59235 – 0.58829 – 0.5899 – 0.58787 – 0.58576 —
0.58909 – 0.58786 —
36.966915171733 – 36.611078888706 —
– —
0.59173 – 1777345200
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –