The currency pair goes from the ascending trendline down.
A bearish trend downwards to the next support at 0.607600000 is certain.
Caution: A possible change in the direction of resistance at 0.664900000 could occur.
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 certain. Current target is 0.6649 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.664900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.664900000 |
Current Price | 0.651500000 |
Next Low | 0.607600000 |
2nd Low | 0.584000000 |
3rd Low | 0.573900000 |