Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 4.24476 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 4.288000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.558000000 |
2nd High | 4.363000000 |
Next High | 4.288000000 |
Current Price | 4.172000000 |
Next Low | 4.156000000 |
2nd Low | 4.148000000 |
3rd Low | 4.058000000 |