The currency pair moves from the ascending trendline down.
A descent downwards to the next support at 128.910000000 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 135.550000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 128.91 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 135.550000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 139.800000000 |
2nd High | 137.950000000 |
Next High | 135.550000000 |
Current Price | 129.490000000 |
Next Low | 128.910000000 |
2nd Low | 128.200000000 |
3rd Low | 124.130000000 |