The pair goes from the bullish trendline downwards
The bearish trend down to the next support level at 0.002399000 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.002475200 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.0024215336 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.002475200 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002513200 |
2nd High | 0.002506300 |
Next High | 0.002475200 |
Current Price | 0.002458000 |
Next Low | 0.002399000 |
2nd Low | 0.002307000 |
3rd Low | 0.002250700 |