Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
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 0.00121944 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.00124 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00126 |
| 2nd High | 0.00125 |
| Next High | 0.00124 |
| Current Price | 0.001224700 |
| Next Low | 0.00122 |
| 2nd Low | 0.00121 |
| 3rd Low | 0.00118 |
0.00124 – 0.00125 – 0.00125 – 0.00122 – 0.00122 – 0.00123 —
0.001232000 – 0.001231100 —
53.575616368105 – 48.63406272585 —
– —
0.00124 – 1773163800