Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 4.1305 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 4.268000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.363000000 |
2nd High | 4.288000000 |
Next High | 4.268000000 |
Current Price | 4.186000000 |
Next Low | 3.973000000 |
2nd Low | 3.929000000 |
3rd Low | 3.868000000 |