Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.5766 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.593400000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.600300000 |
2nd High | 0.599200000 |
Next High | 0.593400000 |
Current Price | 0.570900000 |
Next Low | 0.564600000 |
2nd Low | 0.559800000 |
3rd Low | 0.555600000 |