Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 127.28424 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 147.060000000 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 | |
Next High | 147.060000000 |
Current Price | 132.630000000 |
Next Low | 130.000000000 |
2nd Low | 124.940000000 |
3rd Low | 121.900000000 |