Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2632.25516 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 2681.860000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 2769.480000000 |
2nd High | 2684.790000000 |
Next High | 2681.860000000 |
Current Price | 2659.180000000 |
Next Low | 2599.660000000 |
2nd Low | 2488.000000000 |
3rd Low | 2471.670000000 |