Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 69393.14304 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 69500.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 69914.370000000 |
2nd High | 69838.620000000 |
Next High | 69500.000000000 |
Current Price | 68750.010000000 |
Next Low | 68240.610000000 |
2nd Low | 67478.730000000 |
3rd Low | 67036.850000000 |