The combination jumps from the bullish trendline downwards
The bearish trend down to the next support at 71.890000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 74.87 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 75.470000000 |
Next Low | 71.890000000 |
2nd Low | 69.830000000 |
3rd Low | 69.320000000 |