Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 24.545 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 25.020000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 26.490000000 |
2nd High | 25.710000000 |
Next High | 25.020000000 |
Current Price | 23.690000000 |
Next Low | 22.600000000 |
2nd Low | 22.370000000 |
3rd Low | 21.600000000 |