The currency pair jumps from the bullish trendline down.
The bearish trend down to the next support level at 0.350600000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.355000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.349454 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.355000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.365400000 |
2nd High | 0.357000000 |
Next High | 0.355000000 |
Current Price | 0.354100000 |
Next Low | 0.350600000 |
2nd Low | 0.331500000 |
3rd Low | 0.327200000 |