The pair moves from the bullish trendline downwards
A bearish descent down to the next support line at 0.009437000 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.010216000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.0092795 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.010216000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.011350000 |
2nd High | 0.010452000 |
Next High | 0.010216000 |
Current Price | 0.009609000 |
Next Low | 0.009437000 |
2nd Low | 0.009394000 |
3rd Low | 0.008343000 |