Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.8357128 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.916000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.916000000 |
Current Price | 0.898700000 |
Next Low | 0.773100000 |
2nd Low | 0.755300000 |
3rd Low | 0.682900000 |