Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.653 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.691 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.716 |
| 2nd High | 0.696 |
| Next High | 0.691 |
| Current Price | 0.663000000 |
| Next Low | 0.654 |
| 2nd Low | 0.653 |
| 3rd Low | 0.645 |
0.691 – 0.696 – 0.716 – 0.654 – 0.653 – 0.661 —
0.662000000 – 0.667000000 —
38.041858443227 – 50.478172392427 —
– —
0.691 – 1781661600