Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 4.026756 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 4.150000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.272000000 |
Next High | 4.150000000 |
Current Price | 4.083000000 |
Next Low | 3.962000000 |
2nd Low | 3.951000000 |
3rd Low | 3.929000000 |