The combination goes from the bullish trendline downwards
A bearish movement down to the next support level at 4.004000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 4.173000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 4.004 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 4.173000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.270000000 |
2nd High | 4.200000000 |
Next High | 4.173000000 |
Current Price | 4.041000000 |
Next Low | 4.004000000 |
2nd Low | 3.973000000 |
3rd Low | 3.929000000 |