Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 4.1295 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 4.234000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.270000000 |
Next High | 4.234000000 |
Current Price | 4.177000000 |
Next Low | 4.150000000 |
2nd Low | 4.116000000 |
3rd Low | 3.989000000 |