Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 1.64445 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 1.65282 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.65839 |
2nd High | 1.65429 |
Next High | 1.65282 |
Current Price | 1.64356 |
Next Low | 1.64176 |
2nd Low | 1.63261 |
3rd Low | 1.62933 |