Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 4.14 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 4.317000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.682000000 |
| 2nd High | 4.598000000 |
| Next High | 4.317000000 |
| Current Price | 4.229000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.317000000 – 4.309000000 – 4.215000000 – 4.097000000 – 3.963000000 – 3.977000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Three Outside Down