NZD/USD – 30M – BUYThe combination goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.62597 is considered certain.
Caution: A possible change in the direction of the support level at 0.62247 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62704 |
| 2nd High | 0.62683 |
| Next High | 0.62597 |
| Current Price | 0.62428 |
| Next Low | 0.62247 |
| 2nd Low | 0.62176 |
| 3rd Low | 0.61807 |
NZD/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.62218 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.62597 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62704 |
| 2nd High | 0.62683 |
| Next High | 0.62597 |
| Current Price | 0.62389 |
| Next Low | 0.62247 |
| 2nd Low | 0.62176 |
| 3rd Low | 0.61807 |