EUR/USD – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.099885 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.09773 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10393 |
| 2nd High | 1.10364 |
| Next High | 1.09773 |
| Current Price | 1.09753 |
| Next Low | 1.09541 |
| 2nd Low | 1.09509 |
| 3rd Low | 1.09494 |