Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.04045668 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.040730000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040940000 |
2nd High | 0.040760000 |
Next High | 0.040730000 |
Current Price | 0.040620000 |
Next Low | 0.040320000 |
2nd Low | 0.040190000 |
3rd Low | 0.040080000 |