The combination moves from the ascending trendline downwards
A descent downwards to the next support level at 0.536600000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.553200000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.5506 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.553200000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.627400000 |
2nd High | 0.562000000 |
Next High | 0.553200000 |
Current Price | 0.552700000 |
Next Low | 0.536600000 |
2nd Low | 0.531500000 |
3rd Low | 0.525200000 |