Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.5785524 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.592500000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.600800000 |
2nd High | 0.600300000 |
Next High | 0.592500000 |
Current Price | 0.591400000 |
Next Low | 0.555600000 |
2nd Low | 0.535600000 |
3rd Low | 0.535100000 |