Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 58085.095 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 60395.800000000 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 61166.990000000 |
2nd High | 60625.000000000 |
Next High | 60395.800000000 |
Current Price | 58666.360000000 |
Next Low | 57632.620000000 |
2nd Low | 57345.230000000 |
3rd Low | 55545.190000000 |