Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 70.7454 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 73.070000000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 73.070000000 |
Current Price | 72.790000000 |
Next Low | 69.320000000 |
2nd Low | 65.270000000 |
3rd Low | 64.120000000 |