Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.938 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.94307 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94787 |
2nd High | 0.94608 |
Next High | 0.94307 |
Current Price | 0.93947 |
Next Low | 0.93943 |
2nd Low | 0.93938 |
3rd Low | 0.93800 |