The currency pair goes from the bullish trendline down.
A descent down to the next support line at 0.328700000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.365900000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.3473 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.365900000 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.371900000 |
2nd High | 0.369200000 |
Next High | 0.365900000 |
Current Price | 0.351900000 |
Next Low | 0.328700000 |
2nd Low | 0.323700000 |
3rd Low | 0.314100000 |