The combination moves from the bullish trendline downwards
A descending movement downwards to the next support at 0.327200000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.360000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.34385 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.360000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.365000000 |
2nd High | 0.361300000 |
Next High | 0.360000000 |
Current Price | 0.348600000 |
Next Low | 0.327200000 |
2nd Low | 0.326400000 |
3rd Low | 0.312800000 |