Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 169.21 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 177.600000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 179.300000000 |
Next High | 177.600000000 |
Current Price | 173.680000000 |
Next Low | 159.120000000 |
2nd Low | 157.580000000 |
3rd Low | 153.450000000 |