EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.05318 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 1.05940 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06542 |
| 2nd High | 1.06297 |
| Next High | 1.05940 |
| Current Price | 1.05526 |
| Next Low | 1.05318 |
| 2nd Low | 1.04721 |
| 3rd Low | 1.04604 |