EUR/USD – 30M – SELL
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.10283 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 1.10548 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.11551 |
2nd High | 1.10908 |
Next High | 1.10548 |
Current Price | 1.10340 |
Next Low | 1.10053 |
2nd Low | 1.10018 |
3rd Low | 1.09830 |