Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.192 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 2.452800000 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.646900000 |
2nd High | 2.484000000 |
Next High | 2.452800000 |
Current Price | 2.338400000 |
Next Low | 2.285100000 |
2nd Low | 1.900000000 |
3rd Low | 1.673900000 |