Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 88.06 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 94.170000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.940000000 |
| 2nd High | 98.950000000 |
| Next High | 94.170000000 |
| Current Price | 90.310000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
94.170000000 – 93.650000000 – 88.460000000 – 89.530000000 – 86.710000000 – 86.590000000