Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 88.665 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 98.490000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 98.490000000 |
Current Price | 92.420000000 |
Next Low | 84.680000000 |
2nd Low | 81.600000000 |
3rd Low | 78.840000000 |