Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.46971 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.48587 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49263 |
2nd High | 1.48896 |
Next High | 1.48587 |
Current Price | 1.47603 |
Next Low | 1.47177 |
2nd Low | 1.45943 |
3rd Low | 1.45355 |