Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.105165 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 1.11015 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.11902 |
2nd High | 1.11551 |
Next High | 1.11015 |
Current Price | 1.10750 |
Next Low | 1.10729 |
2nd Low | 1.10053 |
3rd Low | 1.10018 |