Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 1.05553 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 1.06542 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.07275 |
2nd High | 1.06628 |
Next High | 1.06542 |
Current Price | 1.05473 |
Next Low | |
2nd Low | |
3rd Low |