Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.3854984 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.38682 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.38682 |
Current Price | 1.38590 |
Next Low | 1.38122 |
2nd Low | 1.37851 |
3rd Low | 1.37710 |