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 0.5459668 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.572400000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.643400000 |
2nd High | 0.631000000 |
Next High | 0.572400000 |
Current Price | 0.557300000 |
Next Low | 0.519700000 |
2nd Low | 0.431900000 |
3rd Low |