EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.039635 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.04049 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04175 |
| 2nd High | 1.04095 |
| Next High | 1.04049 |
| Current Price | 1.03978 |
| Next Low | 1.03904 |
| 2nd Low | 1.03832 |
| 3rd Low | 1.03430 |