Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.1143 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 1.191100000 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.191100000 |
Current Price | 1.127300000 |
Next Low | 1.055700000 |
2nd Low | 1.037500000 |
3rd Low | 0.969300000 |