The pair goes from the ascending trendline downwards
A bearish descent downwards to the next support level at 1.63261 will continue.
Caution: A possible change in the direction of the resistance line at 1.64295 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 1.63615 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 1.64295 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64756 |
2nd High | 1.64597 |
Next High | 1.64295 |
Current Price | 1.63798 |
Next Low | 1.63261 |
2nd Low | 1.62933 |
3rd Low | 1.61849 |