EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 1.11135 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 1.12086 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.12136 |
| Next High | 1.12086 |
| Current Price | 1.10950 |
| Next Low | 1.10830 |
| 2nd Low | 1.10684 |
| 3rd Low | 1.10053 |