Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.005806 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 0.006449000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006741000 |
2nd High | 0.006635000 |
Next High | 0.006449000 |
Current Price | 0.005911000 |
Next Low | 0.005806000 |
2nd Low | 0.005686000 |
3rd Low | 0.005591000 |