Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.17332 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 1.18235 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18285 |
| 2nd High | 1.18264 |
| Next High | 1.18235 |
| Current Price | 1.17720 |
| Next Low | 1.17716 |
| 2nd Low | 1.16637 |
| 3rd Low | 1.16429 |
1.18235 – 1.18107 – 1.17389 – 1.17716 – 1.16637 – 1.1677 —
1.18127 – 1.17883 —
59.76433932606 – 41.649622820252 —
– —
1.18235 – 1776319200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –