The pair goes from the ascending trendline down.
A bearish trend downwards to the next support level at 0.349600000 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.359400000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.3488 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 0.359400000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.361300000 |
2nd High | 0.360000000 |
Next High | 0.359400000 |
Current Price | 0.350100000 |
Next Low | 0.349600000 |
2nd Low | 0.348800000 |
3rd Low | 0.345000000 |