Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.7474776 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 0.848400000 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.848400000 |
Current Price | 0.781300000 |
Next Low | 0.720000000 |
2nd Low | 0.717100000 |
3rd Low | 0.696100000 |