Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 2.7750968 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2.886700000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.045400000 |
| 2nd High | 3.026300000 |
| Next High | 2.886700000 |
| Current Price | 2.822600000 |
| Next Low | 2.778000000 |
| 2nd Low | 2.697500000 |
| 3rd Low | 2.662900000 |
2.886700000 – 2.839000000 – 2.869300000 – 2.778000000 – 2.811000000 – 2.697500000 — 54.772725695368 – 47.977941584201