Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 4.3365 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 4.483000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.582000000 |
2nd High | 4.558000000 |
Next High | 4.483000000 |
Current Price | 4.370000000 |
Next Low | 4.280000000 |
2nd Low | 4.236000000 |
3rd Low | 4.190000000 |