Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.04003 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.040350000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040820000 |
2nd High | 0.040540000 |
Next High | 0.040350000 |
Current Price | 0.039980000 |
Next Low | |
2nd Low | |
3rd Low |