Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 4.243768 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 4.270000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.403000000 |
2nd High | 4.341000000 |
Next High | 4.270000000 |
Current Price | 4.158000000 |
Next Low | 3.929000000 |
2nd Low | 3.868000000 |
3rd Low |