Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.58409216 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.58838 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59216 |
2nd High | 0.58855 |
Next High | 0.58838 |
Current Price | 0.58607 |
Next Low | 0.58160 |
2nd Low | |
3rd Low |