EUR/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.10851 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.10533 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11551 |
| 2nd High | 1.10908 |
| Next High | 1.10533 |
| Current Price | 1.10522 |
| Next Low | 1.10166 |
| 2nd Low | 1.10151 |
| 3rd Low | 1.09830 |