Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.040875 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.041500000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041800000 |
2nd High | 0.041580000 |
Next High | 0.041500000 |
Current Price | 0.041180000 |
Next Low | 0.040770000 |
2nd Low | 0.040300000 |
3rd Low | 0.040250000 |