Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 4.374296 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 4.472000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 5.100000000 |
2nd High | 4.658000000 |
Next High | 4.472000000 |
Current Price | 4.434000000 |
Next Low | 4.344000000 |
2nd Low | 4.270000000 |
3rd Low | 4.195000000 |