The combination goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 69.030000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 70.900000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 69.3778 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 70.900000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 71.250000000 |
2nd High | 70.970000000 |
Next High | 70.900000000 |
Current Price | 70.750000000 |
Next Low | 69.030000000 |
2nd Low | 64.850000000 |
3rd Low | 64.450000000 |