Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 2.384 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 2.452800000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.646900000 |
2nd High | 2.484000000 |
Next High | 2.452800000 |
Current Price | 2.421300000 |
Next Low | 2.284000000 |
2nd Low | 1.900000000 |
3rd Low | 1.673900000 |