Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.49205 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.49675 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.51506 |
2nd High | 1.50709 |
Next High | 1.49675 |
Current Price | 1.48982 |
Next Low | 1.48735 |
2nd Low | 1.48346 |
3rd Low | 1.47999 |