Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0387 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.039740000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040820000 |
2nd High | 0.040540000 |
Next High | 0.039740000 |
Current Price | 0.039240000 |
Next Low | 0.038700000 |
2nd Low | |
3rd Low |