Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.609785 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.61267 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61355 |
| 2nd High | 1.61294 |
| Next High | 1.61267 |
| Current Price | 1.61058 |
| Next Low | 1.60627 |
| 2nd Low | 1.60602 |
| 3rd Low | 1.60129 |
1.61267 – 1.61294 – 1.61235 – 1.60627 – 1.60717 – 1.60602 —
1.60865 – 1.61139 —
40.848079920818 – 50.698562379142 —
– —
1.61267 – 1767331800
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –