The currency pair jumps from the bullish trendline downwards
A bearish movement down to the next support at 0.002285400 is certain.
Caution: A possible change in the direction of the resistance line at 0.002368200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0022576248 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.002368200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002460500 |
2nd High | 0.002411800 |
Next High | 0.002368200 |
Current Price | 0.002303600 |
Next Low | 0.002285400 |
2nd Low | 0.002210000 |
3rd Low | 0.002136100 |