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 0.005677 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.008386000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.008498000 |
Next High | 0.008386000 |
Current Price | 0.006181000 |
Next Low | 0.005677000 |
2nd Low | 0.005461000 |
3rd Low | 0.005202000 |