EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.10018 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.10548 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11551 |
| 2nd High | 1.10908 |
| Next High | 1.10548 |
| Current Price | 1.10149 |
| Next Low | 1.10018 |
| 2nd Low | 1.09830 |
| 3rd Low | 1.09697 |