EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.11430828 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 1.12026 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.12136 |
| Next High | 1.12026 |
| Current Price | 1.11588 |
| Next Low | 1.11247 |
| 2nd Low | 1.11213 |
| 3rd Low | 1.11032 |