Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 196.496 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 198.43200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 198.43200 |
Current Price | 197.27500 |
Next Low | 195.09600 |
2nd Low | 195.08500 |
3rd Low | 194.56000 |