Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 2300.0208 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 2400.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 2415.150000000 |
2nd High | 2408.830000000 |
Next High | 2400.000000000 |
Current Price | 2322.020000000 |
Next Low | 2320.410000000 |
2nd Low | 2272.800000000 |
3rd Low | 2240.940000000 |