Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 2252.39 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 2311.060000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 2430.320000000 |
2nd High | 2335.700000000 |
Next High | 2311.060000000 |
Current Price | 2272.660000000 |
Next Low | 2252.390000000 |
2nd Low | 2240.940000000 |
3rd Low | 2150.550000000 |