Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.655245 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.65579 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66183 |
| 2nd High | 1.65677 |
| Next High | 1.65579 |
| Current Price | 1.65177 |
| Next Low | 1.64917 |
| 2nd Low | 1.64866 |
| 3rd Low | 1.64343 |
1.65579 – 1.65289 – 1.65677 – 1.64917 – 1.64866 – 1.64962 —
1.65173 – 1.65297 —
47.995117249129 – 53.096980872489 —
– —
1.65579 – 1783004400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –