Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.56715 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.599200000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.600800000 |
2nd High | 0.600300000 |
Next High | 0.599200000 |
Current Price | 0.582900000 |
Next Low | 0.555600000 |
2nd Low | 0.535600000 |
3rd Low | 0.535100000 |