The pair goes from the ascending trendline down.
A descending movement downwards to the next support level at 65.050000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 67.980000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 63.49412 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 67.980000000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 70.320000000 |
2nd High | 68.590000000 |
Next High | 67.980000000 |
Current Price | 65.080000000 |
Next Low | 65.050000000 |
2nd Low | 63.810000000 |
3rd Low | 61.920000000 |