Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.83408 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.85745 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85856 |
2nd High | 0.85834 |
Next High | 0.85745 |
Current Price | 0.83425 |
Next Low | 0.82689 |
2nd Low | 0.82314 |
3rd Low | 0.82233 |
0.83248 – 0.83408 – 0.83320 – 0.82689 – 0.82986 – 0.82314