Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.0993246 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.241700000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.326400000 |
Next High | 1.241700000 |
Current Price | 1.131100000 |
Next Low | 1.056700000 |
2nd Low | 1.037500000 |
3rd Low | 0.969300000 |