The currency pair moves from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.000009150 is expected.
Caution: A possible change in the direction of the resistance level at 0.000010820 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 8.86286E-6 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.000010820 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000011660 |
2nd High | 0.000011450 |
Next High | 0.000010820 |
Current Price | 0.000009460 |
Next Low | 0.000009150 |
2nd Low | 0.000008330 |
3rd Low | 0.000008220 |