Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 51.39614 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 50.980000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 55.790000000 |
2nd High | 54.390000000 |
Next High | 50.980000000 |
Current Price | 48.150000000 |
Next Low | 42.780000000 |
2nd Low | 41.320000000 |
3rd Low | 40.400000000 |