Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.86431 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.86983 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.86996 |
Next High | 0.86983 |
Current Price | 0.86469 |
Next Low | 0.86431 |
2nd Low | 0.86327 |
3rd Low | 0.86296 |