The pair moves from the ascending trendline down.
A bearish trend downwards to the next support line at 124.130000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 135.550000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 128.91 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 135.550000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 139.800000000 |
2nd High | 137.950000000 |
Next High | 135.550000000 |
Current Price | 127.670000000 |
Next Low | 124.130000000 |
2nd Low | 122.600000000 |
3rd Low | 110.000000000 |