EUR/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.06821 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.08243 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 | 1.09367 |
| Next High | 1.08243 |
| Current Price | 1.07087 |
| Next Low | 1.06821 |
| 2nd Low | |
| 3rd Low |