The pair moves from the bullish trendline down.
A descent downwards to the next support at 4.357000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 4.442000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 4.328 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 4.442000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.535000000 |
2nd High | 4.483000000 |
Next High | 4.442000000 |
Current Price | 4.401000000 |
Next Low | 4.357000000 |
2nd Low | 4.329000000 |
3rd Low | 4.199000000 |