The pair goes from the ascending trendline downwards
A bearish trend down to the next support level at 0.525200000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.555600000 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 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.5404 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.555600000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.634200000 |
2nd High | 0.627400000 |
Next High | 0.555600000 |
Current Price | 0.539000000 |
Next Low | 0.525200000 |
2nd Low | 0.524300000 |
3rd Low | 0.523100000 |