Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.61166 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 1.61754 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.63208 |
2nd High | 1.62507 |
Next High | 1.61754 |
Current Price | 1.61062 |
Next Low | 1.60642 |
2nd Low | 1.60535 |
3rd Low | 1.60476 |