Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Current target is 0.9366584 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.93760 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94060 |
2nd High | 0.94024 |
Next High | 0.93760 |
Current Price | 0.93731 |
Next Low | 0.93320 |
2nd Low | 0.93279 |
3rd Low | 0.93064 |