The currency pair jumps from the bullish trendline downwards
A bearish descent downwards to the next support level at 0.006368000 is expected.
Caution: A possible change in the direction of resistance at 0.006696000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.006368 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.006696000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.007564000 |
2nd High | 0.006948000 |
Next High | 0.006696000 |
Current Price | 0.006409000 |
Next Low | 0.006368000 |
2nd Low | 0.006113000 |
3rd Low | 0.006109000 |