Sell NZD/USD – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.58603 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.5926 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.5964
2nd High 0.59287
Next High 0.5926
Current Price 0.58895
Next Low 0.58147
2nd Low 0.57919
3rd Low 0.5681

0.5926 – 0.59235 – 0.59223 – 0.58147 – 0.58397 – 0.58492 —
0.59200 – 0.58907 —
54.583416737923 – 50.432211351326 —
– —
0.5926 – 1777867200

Trading Signals:

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