Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.03629 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.038320000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040030000 |
2nd High | 0.039540000 |
Next High | 0.038320000 |
Current Price | 0.036900000 |
Next Low | 0.036290000 |
2nd Low | 0.035900000 |
3rd Low | 0.035240000 |