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 4.148 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 4.227000000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.558000000 |
2nd High | 4.363000000 |
Next High | 4.227000000 |
Current Price | 4.225000000 |
Next Low | 4.156000000 |
2nd Low | 4.148000000 |
3rd Low | 4.058000000 |