Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 7.5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 9.920000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 11.233000000 |
2nd High | 10.928000000 |
Next High | 9.920000000 |
Current Price | 7.882000000 |
Next Low | 7.500000000 |
2nd Low | 5.955000000 |
3rd Low | 5.473000000 |