The pair goes from the bullish trendline downwards
A descending movement down to the next support line at 0.000008220 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.000011660 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.059E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.000011660 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000011970 |
Next High | 0.000011660 |
Current Price | 0.000010460 |
Next Low | 0.000008220 |
2nd Low | 0.000007950 |
3rd Low | 0.000007730 |