Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 0.61451 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.61729 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.62189 |
2nd High | 0.62086 |
Next High | 0.61729 |
Current Price | 0.61402 |
Next Low | 0.61290 |
2nd Low | 0.61060 |
3rd Low | 0.60663 |