Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 4.791484 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 4.858000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 5.100000000 |
2nd High | 4.964000000 |
Next High | 4.858000000 |
Current Price | 4.628000000 |
Next Low | 4.564000000 |
2nd Low | 4.233000000 |
3rd Low | 4.190000000 |