Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.50035 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.51619 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.52267 |
2nd High | 1.51756 |
Next High | 1.51619 |
Current Price | 1.50312 |
Next Low | 1.50035 |
2nd Low | 1.49357 |
3rd Low | 1.49162 |