EUR/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.05042 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 1.05340 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05390 |
| 2nd High | 1.05370 |
| Next High | 1.05340 |
| Current Price | 1.04894 |
| Next Low | 1.04794 |
| 2nd Low | 1.04744 |
| 3rd Low | 1.04532 |