EUR/USD – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.05293104 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.05390 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05940 |
| 2nd High | 1.05677 |
| Next High | 1.05390 |
| Current Price | 1.05051 |
| Next Low | 1.04983 |
| 2nd Low | 1.04721 |
| 3rd Low | 1.04604 |