Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 8.8055 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 9.204000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 9.669000000 |
2nd High | 9.264000000 |
Next High | 9.204000000 |
Current Price | 8.990000000 |
Next Low | 8.587000000 |
2nd Low | 8.367000000 |
3rd Low | 8.347000000 |