Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.3883 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 1.4573 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.4573 |
| Current Price | 1.421100000 |
| Next Low | 1.3458 |
| 2nd Low | 1.3193 |
| 3rd Low | 1.2949 |
1.4573 – 1.4067 – 1.4466 – 1.3458 – 1.409 – 1.3909 —
1.415000000 – 1.435000000 —
42.254667365298 – 59.617410908658 —
– —
1.4573 – 1778054400