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 6.590088 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 7.802000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 8.972000000 |
2nd High | 8.468000000 |
Next High | 7.802000000 |
Current Price | 7.153000000 |
Next Low | 6.763000000 |
2nd Low | 6.010000000 |
3rd Low | 5.955000000 |