Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.040815 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.040980000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041310000 |
2nd High | 0.041260000 |
Next High | 0.040980000 |
Current Price | 0.040910000 |
Next Low | 0.040320000 |
2nd Low | 0.040260000 |
3rd Low | 0.038870000 |