Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.62791 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.63101 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64582 |
| 2nd High | 1.63499 |
| Next High | 1.63101 |
| Current Price | 1.62428 |
| Next Low | 1.62083 |
| 2nd Low | 1.61356 |
| 3rd Low | 1.61282 |
1.63101 – 1.62968 – 1.63499 – 1.62083 – 1.62493 – 1.6309 —
1.62432 – 1.62444 —
47.484122050408 – 51.595046145779 —
– —
1.63101 – 1773729000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –