Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 7.46264E-6 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000007830 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000008200 |
2nd High | 0.000008060 |
Next High | 0.000007830 |
Current Price | 0.000007660 |
Next Low | 0.000007630 |
2nd Low | 0.000007300 |
3rd Low | 0.000007210 |