The combination goes from the ascending trendline downwards
A bearish descent down to the next support at 0.65536 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.66187 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.65646756 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.66187 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.66611 |
2nd High | 0.66465 |
Next High | 0.66187 |
Current Price | 0.65869 |
Next Low | 0.65536 |
2nd Low | 0.65394 |
3rd Low |