EUR/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 1.10787968 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 1.11015 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.11015 |
| Current Price | 1.10971 |
| Next Low | 1.10725 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |