Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.87273232 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.87234 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87451 |
| 2nd High | 0.87412 |
| Next High | 0.87234 |
| Current Price | 0.87141 |
| Next Low | 0.86824 |
| 2nd Low | 0.86724 |
| 3rd Low | 0.86118 |
0.87234 – 0.87198 – 0.87412 – 0.86824 – 0.87095 – 0.86854 —
0.86992 – 0.87143 —
46.805996742325 – 62.537702268335 —
– —
0.87234 – 1770777000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Inverse Head and Shoulder chart pattern – – – – – – – –