The currency pair goes from the bullish trendline downwards
A descending movement downwards to the next support level at 0.005953000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.006392000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.006091 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.006392000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006456000 |
2nd High | 0.006449000 |
Next High | 0.006392000 |
Current Price | 0.006201000 |
Next Low | 0.005953000 |
2nd Low | 0.005929000 |
3rd Low | 0.005790000 |