The currency pair jumps from the bullish trendline down.
A bearish movement downwards to the next support at 0.002451100 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.002584800 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.002486452 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 0.002584800 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002618500 |
2nd High | 0.002601900 |
Next High | 0.002584800 |
Current Price | 0.002473100 |
Next Low | 0.002451100 |
2nd Low | 0.002450500 |
3rd Low | 0.002448100 |