Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 27.74 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 27.740000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 29.440000000 |
2nd High | 28.890000000 |
Next High | 27.740000000 |
Current Price | 27.360000000 |
Next Low | 25.060000000 |
2nd Low | 23.900000000 |
3rd Low | 22.790000000 |