The currency pair goes from the bullish trendline downwards
The bearish trend down to the next support at 0.008584000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.009031000 should be noted.
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 considered certain. Target of the current trend is 0.008497 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.009031000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.009842000 |
2nd High | 0.009043000 |
Next High | 0.009031000 |
Current Price | 0.008733000 |
Next Low | 0.008584000 |
2nd Low | 0.008497000 |
3rd Low | 0.008343000 |