There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 9.31 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 9.75 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.51 |
| 2nd High | 10.36 |
| Next High | 9.75 |
| Current Price | 9.470000000 |
| Next Low | 8.92 |
| 2nd Low | 8.87 |
| 3rd Low | 8.69 |
9.75 – 9.19 – 9.57 – 8.92 – 8.87 – 9.06 —
9.670000000 – 9.540000000 —
69.247714891418 – 61.160039765457 —
– —
9.75 – 1774275300