Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 5.592258 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 5.429000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 5.839000000 |
Next High | 5.429000000 |
Current Price | 5.341000000 |
Next Low | 4.686000000 |
2nd Low | 4.314000000 |
3rd Low | 4.239000000 |