Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.5293812 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.530500000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.536700000 |
2nd High | 0.533800000 |
Next High | 0.530500000 |
Current Price | 0.520000000 |
Next Low | 0.502500000 |
2nd Low | 0.486000000 |
3rd Low |