EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 1.05064 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 1.05545 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.06542 |
| 2nd High | 1.06094 |
| Next High | 1.05545 |
| Current Price | 1.05169 |
| Next Low | 1.05064 |
| 2nd Low | 1.04961 |
| 3rd Low |