The currency pair goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 62.000000000 is certain.
Caution: A possible change in the direction of the resistance level at 64.770000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 62 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 64.770000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 70.320000000 |
2nd High | 68.590000000 |
Next High | 64.770000000 |
Current Price | 63.810000000 |
Next Low | 62.000000000 |
2nd Low | 61.520000000 |
3rd Low | 60.130000000 |