Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.5492104 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.589700000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.600300000 |
2nd High | 0.599200000 |
Next High | 0.589700000 |
Current Price | 0.562700000 |
Next Low | 0.555600000 |
2nd Low | 0.535600000 |
3rd Low | 0.535100000 |