Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 57066.595 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 58588.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 59809.650000000 |
2nd High | 59350.000000000 |
Next High | 58588.000000000 |
Current Price | 57767.010000000 |
Next Low | 57345.230000000 |
2nd Low | 57211.100000000 |
3rd Low | 55545.190000000 |