Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.6044 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 0.60836 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.61054 |
2nd High | 0.60891 |
Next High | 0.60836 |
Current Price | 0.60500 |
Next Low | 0.60440 |
2nd Low | 0.60393 |
3rd Low |