Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.39435 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.51 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6714 |
| 2nd High | 1.5414 |
| Next High | 1.51 |
| Current Price | 1.450500000 |
| Next Low | 1.3909 |
| 2nd Low | 1.3193 |
| 3rd Low | 1.2949 |
1.51 – 1.3752 – 1.3962 – 1.3909 – 1.3193 – 1.2949 —
1.433500000 – 1.450600000 —
50.804796680385 – 56.20890586524 —
– —
1.51 – 1776427200