Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 23.90722 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 25.660000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 26.810000000 |
2nd High | 25.820000000 |
Next High | 25.660000000 |
Current Price | 24.440000000 |
Next Low | 23.660000000 |
2nd Low | 23.430000000 |
3rd Low | 23.260000000 |