EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.08487 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 1.09014 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09363 |
| 2nd High | 1.09165 |
| Next High | 1.09014 |
| Current Price | 1.08426 |
| Next Low | |
| 2nd Low | |
| 3rd Low |