EUR/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.11875456 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.11889 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.12136 |
| Next High | 1.11889 |
| Current Price | 1.11632 |
| Next Low | 1.11256 |
| 2nd Low | 1.11213 |
| 3rd Low | 1.11032 |