The currency pair moves from the ascending trendline down.
A bearish trend down to the next support at 23.250000000 will persist.
Caution: A possible change in the direction of the resistance line at 24.490000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 23.22 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 24.490000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 25.660000000 |
2nd High | 24.900000000 |
Next High | 24.490000000 |
Current Price | 23.470000000 |
Next Low | 23.250000000 |
2nd Low | 23.220000000 |
3rd Low | 22.870000000 |