The combination moves from the bullish trendline down.
The bearish trend down to the next support line at 0.348800000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.361300000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.34425 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.361300000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.367600000 |
2nd High | 0.365000000 |
Next High | 0.361300000 |
Current Price | 0.350900000 |
Next Low | 0.348800000 |
2nd Low | 0.345000000 |
3rd Low | 0.327200000 |