The pair goes from the bullish trendline down.
A bearish descent downwards to the next support at 0.392200000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.404300000 should always be considered.
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 continue. Current target is 0.3922 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.404300000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.409600000 |
2nd High | 0.405900000 |
Next High | 0.404300000 |
Current Price | 0.394100000 |
Next Low | 0.392200000 |
2nd Low | 0.377900000 |
3rd Low | 0.365300000 |