Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 59128.81 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 60280.060000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 61166.990000000 |
2nd High | 60625.000000000 |
Next High | 60280.060000000 |
Current Price | 59814.070000000 |
Next Low | 59400.000000000 |
2nd Low | 57632.620000000 |
3rd Low | 57345.230000000 |