Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.5848 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.592200000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.596000000 |
2nd High | 0.595700000 |
Next High | 0.592200000 |
Current Price | 0.589900000 |
Next Low | 0.573900000 |
2nd Low | 0.562000000 |
3rd Low | 0.559800000 |