The currency pair goes from the bullish trendline down.
A bearish trend down to the next support at 0.000009250 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010820 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 9.985E-6 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000010820 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000011660 |
2nd High | 0.000011450 |
Next High | 0.000010820 |
Current Price | 0.000009620 |
Next Low | 0.000009250 |
2nd Low | 0.000009150 |
3rd Low | 0.000008330 |