In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 67.14762 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 69.71 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71.73 |
| 2nd High | 70.06 |
| Next High | 69.71 |
| Current Price | 68.640000000 |
| Next Low | 66.03 |
| 2nd Low | 65.9 |
| 3rd Low | 65.58 |
69.71 – 69.39 – 70.06 – 66.03 – 65.9 – 68.95 —
69.330000000 – 68.870000000 —
57.065397428854 – 51.405109557668 —
– —
69.71000 – 1769032800