Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.5317056 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.549100000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.627400000 |
2nd High | 0.555600000 |
Next High | 0.549100000 |
Current Price | 0.540100000 |
Next Low | 0.531500000 |
2nd Low | 0.525200000 |
3rd Low | 0.524300000 |