Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 4.209866 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 4.173000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.270000000 |
2nd High | 4.200000000 |
Next High | 4.173000000 |
Current Price | 4.155000000 |
Next Low | 3.989000000 |
2nd Low | 3.973000000 |
3rd Low | 3.929000000 |