The combination goes from the ascending trendline down.
A bearish movement downwards to the next support line at 67.540000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 70.180000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 70.12996 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 70.180000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 72.330000000 |
2nd High | 71.520000000 |
Next High | 70.180000000 |
Current Price | 68.910000000 |
Next Low | 67.540000000 |
2nd Low | 65.630000000 |
3rd Low | 64.820000000 |