Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 1.64283 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 1.64756 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64996 |
2nd High | 1.64850 |
Next High | 1.64756 |
Current Price | 1.64198 |
Next Low | 1.64142 |
2nd Low | 1.63665 |
3rd Low | 1.62899 |