I hope it does not break the $ 1 range.
$ 1 to $ 1.1 is significant support that could drop to $ 0.86 to $ 0.95 if we lose it.
Due to the valley formed in the Como cloud, the possibility of price correction was predicted.
The most important support in the correction process is the range of $ 1, which is the Kijonsen line and the support of the rand at $ 1.01, the support of 2.618 Fibonacci previous wave and 1.1 Fibonacci 1.6,618 bearish wave. I hope it provides good support for the downward trend in prices.
Due to the valley formed in the Como cloud, the possibility of price correction was predicted.
The most important support in the correction process is the range of $ 1, which is the Kijonsen line and the support of the rand at $ 1.01, the support of 2.618 Fibonacci previous wave and 1.1 Fibonacci 1.6,618 bearish wave. I hope it provides good support for the downward trend in prices.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.