Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 148.65 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 161.780000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 163.700000000 |
2nd High | 162.300000000 |
Next High | 161.780000000 |
Current Price | 152.780000000 |
Next Low | 144.450000000 |
2nd Low | 135.520000000 |
3rd Low | 127.070000000 |