The pair moves from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.342700000 is expected.
Caution: A possible change in the direction of resistance at 0.414100000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.37025 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.414100000 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.414100000 |
Current Price | 0.353500000 |
Next Low | 0.342700000 |
2nd Low | 0.327200000 |
3rd Low | 0.326400000 |