Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 3.989 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 4.173000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.270000000 |
Next High | 4.173000000 |
Current Price | 4.161000000 |
Next Low | 4.116000000 |
2nd Low | 3.989000000 |
3rd Low | 3.973000000 |