Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.06821 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.09367 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.09535 |
2nd High | 1.09523 |
Next High | 1.09367 |
Current Price | 1.07271 |
Next Low | 1.06821 |
2nd Low | |
3rd Low |