Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 1.05241 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.05226 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.05305 |
2nd High | 1.05241 |
Next High | 1.05226 |
Current Price | 1.05121 |
Next Low | 1.04856 |
2nd Low | 1.04821 |
3rd Low | 1.04532 |