Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 2.2907848 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 2.354300000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.360000000 |
| 2nd High | 2.359300000 |
| Next High | 2.354300000 |
| Current Price | 2.316600000 |
| Next Low | 2.278300000 |
| 2nd Low | 2.260100000 |
| 3rd Low | 2.222300000 |
2.313000000 – 2.320100000 – 2.329300000 – 2.278300000 – 2.260100000 – 2.222300000