Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 4.0495 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 4.215000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.251000000 |
2nd High | 4.218000000 |
Next High | 4.215000000 |
Current Price | 3.973000000 |
Next Low | 3.848000000 |
2nd Low | |
3rd Low |