Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.275845 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 1.27205 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.28600 |
| 2nd High | 1.28070 |
| Next High | 1.27205 |
| Current Price | 1.27108 |
| Next Low | 1.26691 |
| 2nd Low | 1.26593 |
| 3rd Low | 1.26569 |