Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.5905 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.626 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.64 |
| 2nd High | 0.639 |
| Next High | 0.626 |
| Current Price | 0.607000000 |
| Next Low | 0.584 |
| 2nd Low | 0.559 |
| 3rd Low | 0.555 |
0.626 – 0.604 – 0.604 – 0.584 – 0.559 – 0.555 —
0.616000000 – 0.610000000 —
51.271847065638 – 50.30295013642 —
– —
0.626 – 1782999000