The currency pair jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 141.120000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 148.960000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 142.29 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 148.960000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 157.380000000 |
2nd High | 157.340000000 |
Next High | 148.960000000 |
Current Price | 142.260000000 |
Next Low | 141.120000000 |
2nd Low | 140.900000000 |
3rd Low | 127.070000000 |