In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 6.7275 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 7.022 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.079 |
| 2nd High | 7.05 |
| Next High | 7.022 |
| Current Price | 6.899000000 |
| Next Low | 6.714 |
| 2nd Low | 6.376 |
| 3rd Low | 6.301 |
7.022 – 6.951 – 7.05 – 6.714 – 6.746 – 6.376 —
6.983000000 – 6.922000000 —
56.400497619418 – 47.304293673441 —
– —
7.022 – 1781661600