Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 1.10151 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 1.10492 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.10908 |
2nd High | 1.10533 |
Next High | 1.10492 |
Current Price | 1.10160 |
Next Low | 1.10151 |
2nd Low | 1.09830 |
3rd Low | 1.09697 |