Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 4.203306 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 4.263000000 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.563000000 |
2nd High | 4.272000000 |
Next High | 4.263000000 |
Current Price | 4.126000000 |
Next Low | 3.962000000 |
2nd Low | 3.951000000 |
3rd Low | 3.929000000 |