Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.619835 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.62364 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62697 |
| 2nd High | 1.62579 |
| Next High | 1.62364 |
| Current Price | 1.62148 |
| Next Low | 1.62040 |
| 2nd Low | 1.61603 |
| 3rd Low |
1.62364 – 1.62284 – 1.62291 – 1.62040 – 1.61603 – 1.61643 —
1.62166 – 1.62136 —
54.945890301035 – 53.463487777343 —
1.62040 – 1783036800 —
1.62364 – 1783011600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –