Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 4.1735 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 4.255000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.272000000 |
Next High | 4.255000000 |
Current Price | 4.162000000 |
Next Low | 4.130000000 |
2nd Low | 4.097000000 |
3rd Low | 4.075000000 |