Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.5674 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.599200000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.600800000 |
2nd High | 0.600300000 |
Next High | 0.599200000 |
Current Price | 0.583800000 |
Next Low | 0.580900000 |
2nd Low | 0.555600000 |
3rd Low | 0.535600000 |