EUR/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 1.08371 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 1.09054 could happen.
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 | 1.09054 |
| Current Price | 1.08714 |
| Next Low | 1.08464 |
| 2nd Low | 1.07688 |
| 3rd Low | 1.07609 |