The currency pair jumps from the bullish trendline downwards
A bearish trend downwards to the next support line at 0.348200000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.371900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.3660708 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.371900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.404200000 |
2nd High | 0.386000000 |
Next High | 0.371900000 |
Current Price | 0.361500000 |
Next Low | 0.348200000 |
2nd Low | 0.347200000 |
3rd Low | 0.343900000 |