EUR/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.04294984 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 1.04342 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04452 |
| 2nd High | 1.04438 |
| Next High | 1.04342 |
| Current Price | 1.04333 |
| Next Low | 1.04143 |
| 2nd Low | 1.04051 |
| 3rd Low | 1.03904 |