The pair goes from the ascending trendline down.
A bearish trend downwards to the next support at 0.006827000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.007442000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.006827 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.007442000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008098000 |
2nd High | 0.007589000 |
Next High | 0.007442000 |
Current Price | 0.007040000 |
Next Low | 0.006827000 |
2nd Low | 0.005957000 |
3rd Low | 0.005677000 |