Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.02929 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 0.02948 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02982 |
| 2nd High | 0.02981 |
| Next High | 0.02948 |
| Current Price | 0.029370000 |
| Next Low | 0.02929 |
| 2nd Low | 0.02923 |
| 3rd Low | 0.02912 |
0.02948 – 0.02981 – 0.02966 – 0.02929 – 0.02933 – 0.02944 —
0.029410000 – 0.029440000 —
47.483347547751 – 47.749445650988 —
– —
0.02948 – 1777946400