Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.632255 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.63129 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64597 |
2nd High | 1.64295 |
Next High | 1.63129 |
Current Price | 1.62655 |
Next Low | 1.61976 |
2nd Low | 1.61854 |
3rd Low | 1.61726 |