Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.9388932 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.989900000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.097800000 |
2nd High | 1.073000000 |
Next High | 0.989900000 |
Current Price | 0.980100000 |
Next Low | 0.892800000 |
2nd Low | 0.874300000 |
3rd Low | 0.851800000 |