The pair jumps from the bullish trendline downwards
A descent downwards to the next support line at 0.006714000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.008015000 could happen.
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 considered certain. Current target is 0.006714 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 0.008015000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008302000 |
2nd High | 0.008059000 |
Next High | 0.008015000 |
Current Price | 0.006907000 |
Next Low | 0.006714000 |
2nd Low | 0.006467000 |
3rd Low | 0.006242000 |