Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.58388 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.58828 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59722 |
2nd High | 0.59470 |
Next High | 0.58828 |
Current Price | 0.58561 |
Next Low | 0.58388 |
2nd Low | |
3rd Low |