Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 109.69 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 112.010000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.940000000 |
| 2nd High | 113.000000000 |
| Next High | 112.010000000 |
| Current Price | 110.930000000 |
| Next Low | 108.710000000 |
| 2nd Low | 106.380000000 |
| 3rd Low | 103.160000000 |
112.010000000 – 113.000000000 – 111.350000000 – 108.710000000 – 106.380000000 – 107.240000000 — 52.883642400113 – 50.159776766424