Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 3.931 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 3.931000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 3.996000000 |
2nd High | 3.949000000 |
Next High | 3.931000000 |
Current Price | 3.905000000 |
Next Low | 3.679000000 |
2nd Low | 3.665000000 |
3rd Low |