EUR/USD – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.08736 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.08732 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09165 |
| 2nd High | 1.09014 |
| Next High | 1.08732 |
| Current Price | 1.08439 |
| Next Low | 1.08109 |
| 2nd Low | |
| 3rd Low |