Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.53295 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.539800000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.543100000 |
2nd High | 0.542800000 |
Next High | 0.539800000 |
Current Price | 0.537300000 |
Next Low | 0.535100000 |
2nd Low | 0.533400000 |
3rd Low | 0.523100000 |