EUR/USD – 30M – BUY
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.10283 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.10235 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.10548 |
2nd High | 1.10262 |
Next High | 1.10235 |
Current Price | 1.10215 |
Next Low | 1.10057 |
2nd Low | 1.10018 |
3rd Low | 1.09830 |