The currency pair jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 2575.000000000 is certain.
Caution: A possible counter-trend in the direction of resistance at 2673.410000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 2611.2496 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 2673.410000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 2684.510000000 |
2nd High | 2683.700000000 |
Next High | 2673.410000000 |
Current Price | 2645.610000000 |
Next Low | 2575.000000000 |
2nd Low | 2554.050000000 |
3rd Low | 2524.580000000 |