Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 4.265 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 4.472000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.658000000 |
2nd High | 4.582000000 |
Next High | 4.472000000 |
Current Price | 4.369000000 |
Next Low | 4.270000000 |
2nd Low | 4.195000000 |
3rd Low | 4.058000000 |