Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.584111 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.605300000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.631000000 |
2nd High | 0.612800000 |
Next High | 0.605300000 |
Current Price | 0.591400000 |
Next Low | 0.577800000 |
2nd Low | 0.576300000 |
3rd Low | 0.562000000 |