EUR/USD – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 1.08094 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 1.09367 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.09546 |
| 2nd High | 1.09535 |
| Next High | 1.09367 |
| Current Price | 1.07495 |
| Next Low | 1.06821 |
| 2nd Low | |
| 3rd Low |