Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 7.379088 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 7.592000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 7.802000000 |
2nd High | 7.678000000 |
Next High | 7.592000000 |
Current Price | 7.010000000 |
Next Low | 6.654000000 |
2nd Low | 6.010000000 |
3rd Low | 5.955000000 |