Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 4.215 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 4.598000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.120000000 |
| 2nd High | 4.682000000 |
| Next High | 4.598000000 |
| Current Price | 4.273000000 |
| Next Low | 4.097000000 |
| 2nd Low | 3.963000000 |
| 3rd Low | 3.868000000 |
4.215000000 – 4.077000000 – 4.112000000 – 4.097000000 – 3.963000000 – 3.977000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Bullish Belt Hold