Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. 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 zone at 4.200000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.270000000 |
Next High | 4.200000000 |
Current Price | 4.191000000 |
Next Low | 4.116000000 |
2nd Low | 3.989000000 |
3rd Low | 3.973000000 |