Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.83221348 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.83450 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.83714 |
2nd High | 0.83598 |
Next High | 0.83450 |
Current Price | 0.83304 |
Next Low | 0.83105 |
2nd Low | |
3rd Low |