Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.83914 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.84224 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.84529 |
2nd High | 0.84252 |
Next High | 0.84224 |
Current Price | 0.83829 |
Next Low | 0.83826 |
2nd Low | |
3rd Low |