The combination moves from the ascending trendline downwards
A bearish movement downwards to the next support at 26.400000000 will persist.
Caution: A possible counter-trend in the direction of resistance at 26.730000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 26.33352 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 26.730000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 27.230000000 |
2nd High | 26.770000000 |
Next High | 26.730000000 |
Current Price | 26.600000000 |
Next Low | 26.400000000 |
2nd Low | 25.360000000 |
3rd Low | 25.050000000 |