Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 4.634 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 4.729000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.930000000 |
2nd High | 4.858000000 |
Next High | 4.729000000 |
Current Price | 4.614000000 |
Next Low | 4.564000000 |
2nd Low | 4.486000000 |
3rd Low | 4.334000000 |