Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 4.272 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 4.272000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.858000000 |
2nd High | 4.563000000 |
Next High | 4.272000000 |
Current Price | 4.218000000 |
Next Low | 3.962000000 |
2nd Low | 3.951000000 |
3rd Low | 3.929000000 |