The currency pair goes from the bullish trendline down.
A descent downwards to the next support line at 144.450000000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 158.440000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 151.445 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 158.440000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 162.000000000 |
2nd High | 161.780000000 |
Next High | 158.440000000 |
Current Price | 154.380000000 |
Next Low | 144.450000000 |
2nd Low | 135.520000000 |
3rd Low | 127.070000000 |