The currency pair jumps from the bullish trendline downwards
The bearish trend downwards to the next support line at 141.060000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 144.930000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 138.61 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 144.930000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 148.960000000 |
2nd High | 148.400000000 |
Next High | 144.930000000 |
Current Price | 142.400000000 |
Next Low | 141.060000000 |
2nd Low | 138.610000000 |
3rd Low | 127.070000000 |