Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.04032 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.040980000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041310000 |
2nd High | 0.041260000 |
Next High | 0.040980000 |
Current Price | 0.040420000 |
Next Low | 0.040320000 |
2nd Low | 0.040260000 |
3rd Low | 0.038870000 |