Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 1.63116 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 1.63611 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.65282 |
2nd High | 1.64969 |
Next High | 1.63611 |
Current Price | 1.62878 |
Next Low | 1.62742 |
2nd Low | 1.62621 |
3rd Low | 1.62549 |