The pair moves from the bullish trendline down.
A bearish descent downwards to the next support level at 0.008377000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.008641000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.008276892 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.008641000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.009497000 |
2nd High | 0.008688000 |
Next High | 0.008641000 |
Current Price | 0.008634000 |
Next Low | 0.008377000 |
2nd Low | 0.008227000 |
3rd Low | 0.007900000 |