Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.006585 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.007380000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008498000 |
2nd High | 0.007822000 |
Next High | 0.007380000 |
Current Price | 0.006900000 |
Next Low | 0.005817000 |
2nd Low | 0.005790000 |
3rd Low | 0.005686000 |