Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.621205 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.62596 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.62649 |
2nd High | 1.62620 |
Next High | 1.62596 |
Current Price | 1.61994 |
Next Low | 1.61729 |
2nd Low | 1.61621 |
3rd Low | 1.61336 |