Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 70.07 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 74.870000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 74.870000000 |
Current Price | 72.500000000 |
Next Low | 69.830000000 |
2nd Low | 69.320000000 |
3rd Low | 65.270000000 |