Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 3.848 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 4.215000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.251000000 |
2nd High | 4.218000000 |
Next High | 4.215000000 |
Current Price | 3.911000000 |
Next Low | 3.848000000 |
2nd Low | |
3rd Low |