Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 2656.23464 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 2630.600000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 2728.600000000 |
2nd High | 2688.600000000 |
Next High | 2630.600000000 |
Current Price | 2620.320000000 |
Next Low | 2563.600000000 |
2nd Low | 2537.360000000 |
3rd Low | 2443.390000000 |