Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 5.912144 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 6.032000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 6.147000000 |
2nd High | 6.100000000 |
Next High | 6.032000000 |
Current Price | 5.775000000 |
Next Low | 5.742000000 |
2nd Low | 5.631000000 |
3rd Low | 5.304000000 |