EUR/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 1.10151 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.10548 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.10548 |
| Current Price | 1.10119 |
| Next Low | 1.09494 |
| 2nd Low | 1.09136 |
| 3rd Low | 1.09090 |