EUR/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.09509 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 1.09968 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.10393 |
| 2nd High | 1.10364 |
| Next High | 1.09968 |
| Current Price | 1.09679 |
| Next Low | 1.09606 |
| 2nd Low | 1.09541 |
| 3rd Low | 1.09509 |