The combination moves from the bullish trendline down.
A descent down to the next support at 0.520900000 will continue.
Caution: A possible change in the direction of resistance at 0.535800000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.54055 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.535800000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.627400000 |
2nd High | 0.545900000 |
Next High | 0.535800000 |
Current Price | 0.533900000 |
Next Low | 0.520900000 |
2nd Low | 0.515500000 |
3rd Low | 0.510000000 |