EUR/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 1.10325 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.10825 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.12086 |
| 2nd High | 1.11438 |
| Next High | 1.10825 |
| Current Price | 1.10142 |
| Next Low | 1.10053 |
| 2nd Low | 1.10018 |
| 3rd Low | 1.09494 |