Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.039545 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.040050000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040470000 |
2nd High | 0.040060000 |
Next High | 0.040050000 |
Current Price | 0.039800000 |
Next Low | 0.039690000 |
2nd Low | 0.039030000 |
3rd Low | 0.038880000 |