The combination moves from the bullish trendline down.
A descent down to the next support level at 0.547200000 will persist.
Caution: A possible change in the direction of the resistance line at 0.562000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.54675 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.562000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.634200000 |
2nd High | 0.627400000 |
Next High | 0.562000000 |
Current Price | 0.552500000 |
Next Low | 0.547200000 |
2nd Low | 0.537500000 |
3rd Low | 0.536700000 |