Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.8746 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.894800000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.928400000 |
| 2nd High | 0.896700000 |
| Next High | 0.894800000 |
| Current Price | 0.883700000 |
| Next Low | 0.872400000 |
| 2nd Low | 0.852500000 |
| 3rd Low | 0.823000000 |
0.894800000 – 0.896700000 – 0.882800000 – 0.872400000 – 0.852500000 – 0.855600000 — 49.31652866202 – 45.529760055741