Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.04073318 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.041310000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041800000 |
2nd High | 0.041580000 |
Next High | 0.041310000 |
Current Price | 0.041040000 |
Next Low | 0.040850000 |
2nd Low | 0.040440000 |
3rd Low | 0.040260000 |