Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 1.67613 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 1.70628 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.72337 |
| 2nd High | 1.71465 |
| Next High | 1.70628 |
| Current Price | 1.68040 |
| Next Low | 1.67986 |
| 2nd Low | 1.67963 |
| 3rd Low | 1.67613 |
1.70628 – 1.69447 – 1.68838 – 1.67986 – 1.67963 – 1.67613 —
1.68570 – 1.68697 —
41.781973988773 – 51.144130990167 —
– —
1.70628 – 1770343200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double bottom chart pattern – – – – – – – –