Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.854885 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.86076 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.86771 |
2nd High | 0.86633 |
Next High | 0.86076 |
Current Price | 0.85745 |
Next Low | 0.84997 |
2nd Low | 0.84901 |
3rd Low | 0.84484 |