Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2425.95264 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 2508.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 2644.100000000 |
2nd High | 2566.330000000 |
Next High | 2508.000000000 |
Current Price | 2467.920000000 |
Next Low | 2442.200000000 |
2nd Low | 2382.590000000 |
3rd Low | 2330.660000000 |