The pair moves from the bullish trendline downwards
A descending movement downwards to the next support line at 0.377900000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.404200000 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-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.3862 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.404200000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.405900000 |
2nd High | 0.404300000 |
Next High | 0.404200000 |
Current Price | 0.383200000 |
Next Low | 0.377900000 |
2nd Low | 0.365300000 |
3rd Low | 0.342700000 |