The pair moves from the ascending trendline downwards
A bearish trend down to the next support line at 0.342200000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.361100000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.3475 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.361100000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.386000000 |
2nd High | 0.371100000 |
Next High | 0.361100000 |
Current Price | 0.347100000 |
Next Low | 0.342200000 |
2nd Low | 0.331500000 |
3rd Low | 0.327200000 |