Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 57.9 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 57.9 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59 |
| 2nd High | 58.71 |
| Next High | 57.9 |
| Current Price | 57.380000000 |
| Next Low | 56.17 |
| 2nd Low | 54.76 |
| 3rd Low | 54.35 |
57.9 – 55.92 – 56.43 – 56.17 – 54.76 – 54.95 —
57.170000000 – 57.220000000 —
59.239500964423 – 59.754635139536 —
– —
57.9 – 1778056200