Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 61.54882 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 66.760000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 67.990000000 |
2nd High | 67.000000000 |
Next High | 66.760000000 |
Current Price | 63.130000000 |
Next Low | 61.520000000 |
2nd Low | 60.130000000 |
3rd Low | 59.650000000 |