Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 221.8 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 239.660000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 259.780000000 |
2nd High | 256.700000000 |
Next High | 239.660000000 |
Current Price | 228.930000000 |
Next Low | 223.400000000 |
2nd Low | 221.800000000 |
3rd Low | 212.100000000 |