Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.005889 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.006137000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006449000 |
2nd High | 0.006392000 |
Next High | 0.006137000 |
Current Price | 0.005960000 |
Next Low | 0.005889000 |
2nd Low | 0.005806000 |
3rd Low | 0.005686000 |