Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.03882 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.039310000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.039740000 |
2nd High | 0.039320000 |
Next High | 0.039310000 |
Current Price | 0.038950000 |
Next Low | 0.038390000 |
2nd Low | 0.038330000 |
3rd Low |