Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Current target is 1.61834786 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.62596 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.62649 |
2nd High | 1.62620 |
Next High | 1.62596 |
Current Price | 1.61732 |
Next Low | 1.61729 |
2nd Low | 1.61621 |
3rd Low | 1.61336 |