Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 1.63165 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.64597 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64850 |
2nd High | 1.64756 |
Next High | 1.64597 |
Current Price | 1.63576 |
Next Low | 1.63165 |
2nd Low | 1.62899 |
3rd Low | 1.62662 |