Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.07918 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 1.08377 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.08714 |
2nd High | 1.08589 |
Next High | 1.08377 |
Current Price | 1.07832 |
Next Low | |
2nd Low | |
3rd Low |