Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.3475 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.365000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.368000000 |
2nd High | 0.367600000 |
Next High | 0.365000000 |
Current Price | 0.353700000 |
Next Low | 0.350300000 |
2nd Low | 0.330000000 |
3rd Low | 0.312800000 |