Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 174.78902 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 181.360000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 183.380000000 |
Next High | 181.360000000 |
Current Price | 177.220000000 |
Next Low | 176.410000000 |
2nd Low | 172.450000000 |
3rd Low | 167.230000000 |