Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.49417 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.50247 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.50589 |
2nd High | 1.50555 |
Next High | 1.50247 |
Current Price | 1.49574 |
Next Low | 1.49417 |
2nd Low | 1.49162 |
3rd Low | 1.48881 |