The currency pair jumps from the bullish trendline down.
A bearish movement down to the next support line at 65.660000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 67.210000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 65.66 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 67.210000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 69.350000000 |
2nd High | 68.030000000 |
Next High | 67.210000000 |
Current Price | 66.130000000 |
Next Low | 65.660000000 |
2nd Low | 64.820000000 |
3rd Low | 64.330000000 |