The pair goes from the bullish trendline down.
A bearish descent down to the next support at 0.002358700 is expected.
Caution: A possible change in the direction of the resistance line at 0.002431800 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. 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 0.002431800 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002504300 |
2nd High | 0.002437400 |
Next High | 0.002431800 |
Current Price | 0.002390300 |
Next Low | 0.002358700 |
2nd Low | 0.002307000 |
3rd Low | 0.002250700 |