Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 214.24 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 222.800000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 224.000000000 |
Next High | 222.800000000 |
Current Price | 218.450000000 |
Next Low | 206.710000000 |
2nd Low | 204.480000000 |
3rd Low | 204.160000000 |