The pair goes from the ascending trendline downwards
A bearish descent down to the next support at 0.007451000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.011350000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.0086535 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.011350000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.011350000 |
Current Price | 0.009517000 |
Next Low | 0.007451000 |
2nd Low | 0.007025000 |
3rd Low | 0.007004000 |