Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0387 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.039740000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040540000 |
2nd High | 0.040350000 |
Next High | 0.039740000 |
Current Price | 0.038930000 |
Next Low | 0.038700000 |
2nd Low | |
3rd Low |