The currency pair jumps from the ascending trendline downwards
A descent down to the next support line at 153.850000000 will continue.
Caution: A possible counter-trend in the direction of resistance at 158.050000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 154.77196 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 158.050000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 162.000000000 |
2nd High | 159.230000000 |
Next High | 158.050000000 |
Current Price | 157.840000000 |
Next Low | 153.850000000 |
2nd Low | 146.570000000 |
3rd Low | 144.160000000 |