Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 4.4117 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 4.251000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.964000000 |
2nd High | 4.615000000 |
Next High | 4.251000000 |
Current Price | 4.149000000 |
Next Low | 3.665000000 |
2nd Low | |
3rd Low |