LiteForex - Analytics

    LiteForex

    805.00 7.50/10
    78% of positive reviews
    Real

    XAG/USD: Fibonacci analysis on 18.02.2016

    A decline might resume.

    On the 4-hour chart, the pair is trading near the level of 15.32 (23.6% correction). The price is supported by the 38.2% fan line, directed up, and the level of 15.05 (38.2% correction). If this area is broken down, the price might fall to 14.83 (50.0% correction) and 14.61 (61.8% correction). In case of a breakout of the level of 15.32, a growth would continue to 15.57 and 15.75.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree