Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 2576.765 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 2681.860000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 2769.480000000 |
2nd High | 2684.790000000 |
Next High | 2681.860000000 |
Current Price | 2620.410000000 |
Next Low | 2606.820000000 |
2nd Low | 2488.000000000 |
3rd Low | 2471.670000000 |