Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 8.718228 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 9.212000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 9.920000000 |
2nd High | 9.669000000 |
Next High | 9.212000000 |
Current Price | 9.039000000 |
Next Low | 8.367000000 |
2nd Low | 8.347000000 |
3rd Low | 7.590000000 |