Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 4.392 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 4.858000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 5.100000000 |
2nd High | 4.964000000 |
Next High | 4.858000000 |
Current Price | 4.500000000 |
Next Low | 4.392000000 |
2nd Low | 4.233000000 |
3rd Low | 4.190000000 |