Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 4.738884 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 4.817000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.896000000 |
2nd High | 4.895000000 |
Next High | 4.817000000 |
Current Price | 4.779000000 |
Next Low | 4.754000000 |
2nd Low | 4.564000000 |
3rd Low | 4.486000000 |