Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.93549556 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.93731 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94024 |
2nd High | 0.93760 |
Next High | 0.93731 |
Current Price | 0.93465 |
Next Low | 0.93403 |
2nd Low | 0.93330 |
3rd Low | 0.93279 |