The currency pair moves from the bullish trendline downwards
The bearish trend downwards to the next support level at 0.000088510 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000093790 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 9.379E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.000093790 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000097390 |
2nd High | 0.000095200 |
Next High | 0.000093790 |
Current Price | 0.000092730 |
Next Low | 0.000088510 |
2nd Low | 0.000087240 |
3rd Low | 0.000085030 |