Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 4.237 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 4.363000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.582000000 |
2nd High | 4.558000000 |
Next High | 4.363000000 |
Current Price | 4.198000000 |
Next Low | 4.195000000 |
2nd Low | 4.058000000 |
3rd Low | 3.929000000 |