Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.5870404 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 0.596000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.612800000 |
2nd High | 0.605300000 |
Next High | 0.596000000 |
Current Price | 0.591900000 |
Next Low | 0.581400000 |
2nd Low | 0.577800000 |
3rd Low | 0.576300000 |