Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 8.375 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 8.6 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.67 |
| 2nd High | 8.62 |
| Next High | 8.6 |
| Current Price | 8.270000000 |
| Next Low | 8.170000000 |
| 2nd Low | 8.13 |
| 3rd Low |
8.6 – 8.46 – 8.57 – 8.170000000 – 8.13 – 8.47 —
8.300000000 – 8.330000000 —
30.859457407451 – 41.481513538011 —
8.170000000 – 1770913800 —
8.6 – 1770895800