Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 1.08817 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 1.09165 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09523 |
2nd High | 1.09363 |
Next High | 1.09165 |
Current Price | 1.08773 |
Next Low | 1.07816 |
2nd Low | 1.07799 |
3rd Low | 1.07778 |