Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 1.09507 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.09806 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.10364 |
2nd High | 1.09968 |
Next High | 1.09806 |
Current Price | 1.09414 |
Next Low | 1.09136 |
2nd Low | 1.09102 |
3rd Low | 1.09090 |