Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 0.94094 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.94642 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.95035 |
2nd High | 0.95008 |
Next High | 0.94642 |
Current Price | 0.94041 |
Next Low | 0.93866 |
2nd Low | 0.93809 |
3rd Low | 0.93693 |