Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 8.497676 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 9.432000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 9.432000000 |
Current Price | 9.271000000 |
Next Low | 8.264000000 |
2nd Low | 5.955000000 |
3rd Low | 5.560000000 |