Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.53295 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.543200000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.545900000 |
2nd High | 0.545000000 |
Next High | 0.543200000 |
Current Price | 0.538500000 |
Next Low | 0.535300000 |
2nd Low | 0.521000000 |
3rd Low | 0.520900000 |