Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 2349.93824 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 2430.320000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 2490.000000000 |
2nd High | 2464.820000000 |
Next High | 2430.320000000 |
Current Price | 2382.790000000 |
Next Low | 2376.720000000 |
2nd Low | 2318.660000000 |
3rd Low | 2272.800000000 |