EUR/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1.0832258 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 1.08714 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09014 |
| 2nd High | 1.08732 |
| Next High | 1.08714 |
| Current Price | 1.08457 |
| Next Low | 1.08338 |
| 2nd Low | 1.08109 |
| 3rd Low |