The pair goes from the bullish trendline downwards
A descending movement down to the next support at 159.120000000 is expected.
Caution: A possible change in the direction of resistance at 179.300000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 168.96792 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 179.300000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 179.300000000 |
Current Price | 177.940000000 |
Next Low | 159.120000000 |
2nd Low | 147.660000000 |
3rd Low | 144.450000000 |