A price action below 167.75 supports a bearish trend direction.
Bearish confirmation for a break below 167.35.
The target price is set at 165.40 (the major support trendline).
The stop-loss is set at 169.85 (its 23.6% Fibonacci retracement level).
Crossing below its 200-day might support further downside potential.
Bearish confirmation for a break below 167.35.
The target price is set at 165.40 (the major support trendline).
The stop-loss is set at 169.85 (its 23.6% Fibonacci retracement level).
Crossing below its 200-day might support further downside potential.