Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 8.7905 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 9.212000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 9.669000000 |
2nd High | 9.234000000 |
Next High | 9.212000000 |
Current Price | 8.708000000 |
Next Low | 8.347000000 |
2nd Low | 8.023000000 |
3rd Low | 7.590000000 |