Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.43062 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 1.467 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.467 |
| Current Price | 1.449000000 |
| Next Low | 1.37 |
| 2nd Low | 1.325 |
| 3rd Low | 1.297 |
1.467 – 1.419 – 1.365 – 1.37 – 1.325 – 1.297 —
1.461000000 – 1.456000000 —
55.634963848617 – 54.322309006262 —
– —
1.467 – 1773781200