Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 82.33 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 88.490000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 94.170000000 |
| Next High | 88.490000000 |
| Current Price | 85.430000000 |
| Next Low | 83.550000000 |
| 2nd Low | 76.170000000 |
| 3rd Low |
88.490000000 – 85.950000000 – 85.470000000 – 83.550000000 – 83.780000000 – 83.900000000