The pair moves from the bullish trendline downwards
The bearish trend down to the next support line at 0.002357400 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.002416100 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.0023571 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.002416100 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002506300 |
2nd High | 0.002443500 |
Next High | 0.002416100 |
Current Price | 0.002386700 |
Next Low | 0.002357400 |
2nd Low | 0.002332400 |
3rd Low | 0.002298100 |