The combination goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 130.910000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 137.950000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 131.093 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 137.950000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 139.800000000 |
2nd High | 138.160000000 |
Next High | 137.950000000 |
Current Price | 133.050000000 |
Next Low | 130.910000000 |
2nd Low | 128.910000000 |
3rd Low | 128.200000000 |