Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 4.475516 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 4.539000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.658000000 |
2nd High | 4.582000000 |
Next High | 4.539000000 |
Current Price | 4.487000000 |
Next Low | 4.476000000 |
2nd Low | 4.373000000 |
3rd Low | 4.344000000 |