The pair moves from the ascending trendline down.
A bearish trend downwards to the next support level at 0.000078380 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000087000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 8.304E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.000087000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000099930 |
2nd High | 0.000092960 |
Next High | 0.000087000 |
Current Price | 0.000081470 |
Next Low | 0.000078380 |
2nd Low | 0.000078240 |
3rd Low | 0.000073320 |