Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 4.11106 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 4.288000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.658000000 |
2nd High | 4.558000000 |
Next High | 4.288000000 |
Current Price | 4.222000000 |
Next Low | 3.973000000 |
2nd Low | 3.929000000 |
3rd Low | 3.868000000 |