The pair goes from the bullish trendline down.
A descending movement down to the next support level at 0.007731000 will persist.
Caution: A possible change in the direction of the resistance line at 0.008427000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.008026744 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.008427000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008904000 |
2nd High | 0.008871000 |
Next High | 0.008427000 |
Current Price | 0.008381000 |
Next Low | 0.007731000 |
2nd Low | 0.007436000 |
3rd Low | 0.006731000 |