Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 7.515E-6 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.000008060 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000009350 |
2nd High | 0.000008200 |
Next High | 0.000008060 |
Current Price | 0.000007750 |
Next Low | 0.000007630 |
2nd Low | 0.000007300 |
3rd Low | 0.000007210 |