Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.3457 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.356300000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.367600000 |
2nd High | 0.365000000 |
Next High | 0.356300000 |
Current Price | 0.340700000 |
Next Low | 0.326400000 |
2nd Low | 0.312800000 |
3rd Low | 0.305000000 |