Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 144.07812 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 148.960000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 161.780000000 |
2nd High | 157.340000000 |
Next High | 148.960000000 |
Current Price | 148.870000000 |
Next Low | 141.060000000 |
2nd Low | 138.610000000 |
3rd Low | 127.070000000 |