EUR/USD – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.057515 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 1.05821 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06628 |
| 2nd High | 1.06542 |
| Next High | 1.05821 |
| Current Price | 1.05407 |
| Next Low | 1.05118 |
| 2nd Low | 1.04961 |
| 3rd Low |