Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 67.85 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 70.900000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 74.380000000 |
2nd High | 71.250000000 |
Next High | 70.900000000 |
Current Price | 69.160000000 |
Next Low | 64.850000000 |
2nd Low | 64.450000000 |
3rd Low | 64.120000000 |