Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 4.24476 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 4.288000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.658000000 |
2nd High | 4.558000000 |
Next High | 4.288000000 |
Current Price | 4.163000000 |
Next Low | 4.148000000 |
2nd Low | 4.058000000 |
3rd Low | 3.929000000 |