The currency pair goes from the ascending trendline downwards
A bearish descent downwards to the next support line at 0.351400000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.365400000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.3568 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.365400000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.386000000 |
2nd High | 0.368500000 |
Next High | 0.365400000 |
Current Price | 0.357900000 |
Next Low | 0.351400000 |
2nd Low | 0.350600000 |
3rd Low | 0.331500000 |