The combination moves from the bullish trendline downwards
A descending movement downwards to the next support level at 0.002176800 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002273500 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.0022056 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.002273500 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002291000 |
2nd High | 0.002275600 |
Next High | 0.002273500 |
Current Price | 0.002195000 |
Next Low | 0.002176800 |
2nd Low | 0.002155000 |
3rd Low |