Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 4.288024 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 4.615000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.858000000 |
2nd High | 4.729000000 |
Next High | 4.615000000 |
Current Price | 4.357000000 |
Next Low | 4.334000000 |
2nd Low | 4.329000000 |
3rd Low | 4.199000000 |