The currency pair moves from the ascending trendline downwards
A descent downwards to the next support line at 0.000007710 is likely expected.
Caution: A possible change in the direction of resistance at 0.000008340 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 8.34E-6 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.000008340 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000009860 |
2nd High | 0.000009350 |
Next High | 0.000008340 |
Current Price | 0.000008130 |
Next Low | 0.000007710 |
2nd Low | 0.000006990 |
3rd Low | 0.000006970 |