EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.11323 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.11669 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11887 |
| 2nd High | 1.11816 |
| Next High | 1.11669 |
| Current Price | 1.11567 |
| Next Low | 1.11032 |
| 2nd Low | 1.10830 |
| 3rd Low | 1.10684 |