The combination goes from the bullish trendline down.
A bearish descent downwards to the next support at 0.585600000 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.625900000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.5999 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.625900000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.643400000 |
2nd High | 0.631000000 |
Next High | 0.625900000 |
Current Price | 0.609600000 |
Next Low | 0.585600000 |
2nd Low | 0.584000000 |
3rd Low | 0.573900000 |