Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 3726.71 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 3707.570000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 3726.710000000 |
Next High | 3707.570000000 |
Current Price | 3701.820000000 |
Next Low | 3500.000000000 |
2nd Low | 3252.000000000 |
3rd Low | 3032.590000000 |