Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.62430076 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 1.63129 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64597 |
2nd High | 1.64295 |
Next High | 1.63129 |
Current Price | 1.62883 |
Next Low | 1.61976 |
2nd Low | 1.61854 |
3rd Low | 1.61726 |