The pair moves from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.000007080 will continue.
Caution: A possible change in the direction of the resistance level at 0.000007830 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 7.296E-6 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.000007830 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000008200 |
2nd High | 0.000008060 |
Next High | 0.000007830 |
Current Price | 0.000007390 |
Next Low | 0.000007080 |
2nd Low | 0.000007060 |
3rd Low | 0.000006970 |