Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0384 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.038400000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041500000 |
2nd High | 0.041140000 |
Next High | 0.038400000 |
Current Price | 0.038380000 |
Next Low | 0.036610000 |
2nd Low | 0.036500000 |
3rd Low | 0.035900000 |