Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.5705 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 1.599 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.683 |
| 2nd High | 1.681 |
| Next High | 1.599 |
| Current Price | 1.531000000 |
| Next Low | 1.504 |
| 2nd Low | 1.458 |
| 3rd Low | 1.235 |
1.599 – 1.681 – 1.651 – 1.504 – 1.458 – 1.547 —
1.517000000 – 1.519000000 —
37.485761022095 – 43.765878854774 —
– —
1.599 – 1772413200