EUR/USD – 1H – SELL
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.0702546 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 1.07611 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.08517 |
2nd High | 1.08160 |
Next High | 1.07611 |
Current Price | 1.07371 |
Next Low | 1.07096 |
2nd Low | 1.06860 |
3rd Low | 1.06675 |