The pair moves from the bullish trendline downwards
A descent downwards to the next support level at 0.002358700 is certain.
Caution: A possible change in the direction of the resistance line at 0.002437400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0023587 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.002437400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002567500 |
2nd High | 0.002504300 |
Next High | 0.002437400 |
Current Price | 0.002386100 |
Next Low | 0.002358700 |
2nd Low | 0.002307000 |
3rd Low | 0.002250700 |