EUR/USD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.07776562 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.08272 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.08714 |
| 2nd High | 1.08392 |
| Next High | 1.08272 |
| Current Price | 1.07773 |
| Next Low | 1.07705 |
| 2nd Low | 1.07609 |
| 3rd Low |