Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 186.13 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 200.130000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 221.740000000 |
2nd High | 201.850000000 |
Next High | 200.130000000 |
Current Price | 187.880000000 |
Next Low | 186.130000000 |
2nd Low | 180.730000000 |
3rd Low | 176.480000000 |