Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0069795 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.006741000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.011505000 |
2nd High | 0.008498000 |
Next High | 0.006741000 |
Current Price | 0.006260000 |
Next Low | 0.005461000 |
2nd Low | 0.005202000 |
3rd Low |