Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 0.87206668 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.87534 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.87534 |
Current Price | 0.87520 |
Next Low | 0.86196 |
2nd Low | 0.86157 |
3rd Low | 0.86147 |