Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.037915 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.038320000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040030000 |
2nd High | 0.039540000 |
Next High | 0.038320000 |
Current Price | 0.037190000 |
Next Low | 0.036290000 |
2nd Low | 0.035900000 |
3rd Low | 0.035240000 |