EUR/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.06203666 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.06542 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.07275 |
| 2nd High | 1.06628 |
| Next High | 1.06542 |
| Current Price | 1.05843 |
| Next Low | 1.05118 |
| 2nd Low | 1.04961 |
| 3rd Low |