Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 62349.8188 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 63850.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 64039.200000000 |
2nd High | 63878.780000000 |
Next High | 63850.000000000 |
Current Price | 63804.010000000 |
Next Low | 59174.800000000 |
2nd Low | 57493.300000000 |
3rd Low | 57345.230000000 |