Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 4.43281 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 4.558000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 5.100000000 |
2nd High | 4.658000000 |
Next High | 4.558000000 |
Current Price | 4.332000000 |
Next Low | 3.973000000 |
2nd Low | 3.929000000 |
3rd Low | 3.868000000 |