Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 4.54556 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 4.673000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.120000000 |
| 2nd High | 4.682000000 |
| Next High | 4.673000000 |
| Current Price | 4.520000000 |
| Next Low | 4.381000000 |
| 2nd Low | 4.348000000 |
| 3rd Low | 4.165000000 |
4.673000000 – 4.587000000 – 4.454000000 – 4.381000000 – 4.348000000 – 4.165000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern