Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 157.554 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 158.22800 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.21700 |
| 2nd High | 158.25300 |
| Next High | 158.22800 |
| Current Price | 157.85500 |
| Next Low | 157.62300 |
| 2nd Low | 157.51300 |
| 3rd Low | 157.15400 |