Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.05334116 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 1.05821 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.06628 |
2nd High | 1.06542 |
Next High | 1.05821 |
Current Price | 1.05451 |
Next Low | 1.05118 |
2nd Low | 1.04961 |
3rd Low |