The combination jumps from the bullish trendline downwards
A bearish movement downwards to the next support line at 0.577800000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.612800000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.600292 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.612800000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.643400000 |
2nd High | 0.631000000 |
Next High | 0.612800000 |
Current Price | 0.588800000 |
Next Low | 0.577800000 |
2nd Low | 0.576300000 |
3rd Low | 0.562000000 |