Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.49736576 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.50709 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.51619 |
2nd High | 1.51506 |
Next High | 1.50709 |
Current Price | 1.49224 |
Next Low | 1.49190 |
2nd Low | 1.49162 |
3rd Low | 1.48881 |