Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 24.44 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 25.660000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 27.680000000 |
2nd High | 26.810000000 |
Next High | 25.660000000 |
Current Price | 24.400000000 |
Next Low | 23.220000000 |
2nd Low | 22.870000000 |
3rd Low | 22.370000000 |