The pair goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 1.64522 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.65352 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.64762108 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 1.65352 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.66172 |
2nd High | 1.65644 |
Next High | 1.65352 |
Current Price | 1.65060 |
Next Low | 1.64522 |
2nd Low | 1.64452 |
3rd Low | 1.64142 |