EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.08108 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 1.08589 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08732 |
| 2nd High | 1.08714 |
| Next High | 1.08589 |
| Current Price | 1.08268 |
| Next Low | 1.08108 |
| 2nd Low | |
| 3rd Low |