Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.93238 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.93617 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94176 |
2nd High | 0.93879 |
Next High | 0.93617 |
Current Price | 0.93416 |
Next Low | 0.93385 |
2nd Low | 0.93057 |
3rd Low | 0.92967 |