The currency pair moves from the bullish trendline downwards
A bearish descent downwards to the next support level at 0.002161200 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002273500 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.0021918328 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002273500 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002291000 |
2nd High | 0.002275600 |
Next High | 0.002273500 |
Current Price | 0.002164400 |
Next Low | 0.002161200 |
2nd Low | 0.002155000 |
3rd Low |