The pair goes from the ascending trendline down.
A descent downwards to the next support at 0.002450000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.002567500 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.00245 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.002567500 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002621000 |
2nd High | 0.002597200 |
Next High | 0.002567500 |
Current Price | 0.002482400 |
Next Low | 0.002450000 |
2nd Low | 0.002426000 |
3rd Low | 0.002399000 |