Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 61860.31 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 63200.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 66076.120000000 |
2nd High | 64478.190000000 |
Next High | 63200.000000000 |
Current Price | 62254.000000000 |
Next Low | 61860.310000000 |
2nd Low | 61798.970000000 |
3rd Low | 61700.000000000 |