Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.335 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.335 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.412 |
| 2nd High | 1.34 |
| Next High | 1.335 |
| Current Price | 1.323000000 |
| Next Low | 1.205 |
| 2nd Low | 1.101 |
| 3rd Low | 0.633 |
1.335 – 1.317 – 1.27 – 1.205 – 1.216 – 1.233 —
1.249000000 – 1.310000000 —
34.636987197536 – 66.161377240406 —
– —
1.335 – 1775624400