Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.5953 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.59827 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59972 |
2nd High | 0.59892 |
Next High | 0.59827 |
Current Price | 0.59467 |
Next Low | |
2nd Low | |
3rd Low |