Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 2599.66 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 2722.300000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 2769.480000000 |
Next High | 2722.300000000 |
Current Price | 2602.840000000 |
Next Low | 2599.660000000 |
2nd Low | 2488.000000000 |
3rd Low | 2471.670000000 |