EUR/USD – 30M – SELL
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 1.10787968 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 1.11015 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.11902 |
2nd High | 1.11551 |
Next High | 1.11015 |
Current Price | 1.10971 |
Next Low | 1.10725 |
2nd Low | 1.10053 |
3rd Low | 1.10018 |