Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.60298656 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 1.60866 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.61136 |
2nd High | 1.61131 |
Next High | 1.60866 |
Current Price | 1.60359 |
Next Low | 1.60040 |
2nd Low | |
3rd Low |