EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 1.08099 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.08377 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08589 |
| Next High | 1.08377 |
| Current Price | 1.08304 |
| Next Low | 1.08134 |
| 2nd Low | 1.07705 |
| 3rd Low | 1.07609 |