Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.03882 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.039310000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.039740000 |
2nd High | 0.039320000 |
Next High | 0.039310000 |
Current Price | 0.038900000 |
Next Low | 0.038330000 |
2nd Low | |
3rd Low |