The pair jumps from the ascending trendline downwards
A bearish descent down to the next support at 0.000008220 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000009730 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 9.73E-6 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000009730 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000010580 |
2nd High | 0.000009860 |
Next High | 0.000009730 |
Current Price | 0.000009420 |
Next Low | 0.000008220 |
2nd Low | 0.000007950 |
3rd Low | 0.000007730 |