The pair goes from the bullish trendline down.
A bearish movement down to the next support level at 0.002346200 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002393100 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.0023514 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.002393100 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002460500 |
2nd High | 0.002411800 |
Next High | 0.002393100 |
Current Price | 0.002362500 |
Next Low | 0.002346200 |
2nd Low | 0.002321100 |
3rd Low | 0.002314600 |