Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.62313 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.63076 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64295 |
2nd High | 1.63530 |
Next High | 1.63076 |
Current Price | 1.62849 |
Next Low | 1.62287 |
2nd Low | 1.62206 |
3rd Low | 1.61096 |