Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 2581.61666 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 2632.730000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 2647.790000000 |
2nd High | 2645.600000000 |
Next High | 2632.730000000 |
Current Price | 2597.250000000 |
Next Low | 2575.400000000 |
2nd Low | 2563.600000000 |
3rd Low | 2537.360000000 |