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 1.16027224 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 1.1697 is also possible.
Consider stop-loss settings accordingly.
Eine Korrektur des großen bärigen Trends stoppte um das Fibonacci 0.5-Level.Eine Fortsetzung des aktuell absteigenden Trends wird weiterlaufen. Ziel des derzeitigen Trends ist 1.16027224 am Fibonacci Level 0.24-Level. Vorsicht: Eine Trendumkehr in Richtung des Support-Levels bei 1.1697 könnte eintreten.
Bei einem Trade sollten entsprechende Stop-Loss Einstellungen dabei berücksichtigt werden.
The pair Euro/US Dollar (EUR/USD) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 1.16287 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 1.1697 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Das Währungspaar Euro/US Dollar (EUR/USD) tendiert von der absteigenden Trendlinie nach unten.
Eine Fortsetzung des bearigen Trends abwärts zum nächsten Unterstützungs-Level bei 1.16287 ist sicher.
Vorsicht: Ein Gegentrend in die Richtung der Widerstand-Zone bei 1.1697 sollte beachtet werden.
Bei einem Trade sollten entsprechende Stop-Loss Einstellungen dabei berücksichtigt werden.
The currency pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 1.16287 is expected.
Caution: A possible counter-trend in the direction of resistance at 1.1697 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.16027224 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 1.1697 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17422 |
| 2nd High | 1.172 |
| Next High | 1.1697 |
| Current Price | 1.16174 |
| Next Low | 1.16287 |
| 2nd Low | 1.15736 |
| 3rd Low | 1.14532 |
1.1697 – 1.16543 – 1.16425 – 1.16558 – 1.16287 – 1.15736 — 46.917934917314 – 35.301047544949 — 85.944195129965 – 63.502707685217 – 88.719427300757 – 80.030700121593