EUR/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 1.11887 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.11816 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11887 |
| Next High | 1.11816 |
| Current Price | 1.11647 |
| Next Low | 1.11522 |
| 2nd Low | 1.11163 |
| 3rd Low | 1.10684 |