Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.04067164 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.041260000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041810000 |
2nd High | 0.041310000 |
Next High | 0.041260000 |
Current Price | 0.040910000 |
Next Low | 0.040320000 |
2nd Low | 0.040260000 |
3rd Low | 0.038390000 |