Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.57825 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.593000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.599200000 |
2nd High | 0.594500000 |
Next High | 0.593000000 |
Current Price | 0.581500000 |
Next Low | 0.577000000 |
2nd Low | 0.562000000 |
3rd Low | 0.559800000 |