Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 2625.90496 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 2722.300000000 could happen.
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 | 2657.000000000 |
Next Low | 2635.520000000 |
2nd Low | 2599.660000000 |
3rd Low | 2488.000000000 |