EUR/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.07421856 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.09367 should always be considered.
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 | 1.08015 |
| Next Low | 1.07123 |
| 2nd Low | 1.06821 |
| 3rd Low |