The combination goes from the bullish trendline down.
A descending movement downwards to the next support level at 0.607600000 is certain.
Caution: A possible change in the direction of the resistance level at 0.654800000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.643424 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.654800000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.664900000 |
Next High | 0.654800000 |
Current Price | 0.622700000 |
Next Low | 0.607600000 |
2nd Low | 0.584000000 |
3rd Low | 0.573900000 |