The currency pair jumps from the bullish trendline downwards
A bearish descent down to the next support at 0.333300000 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.348000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.3408 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.348000000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.365400000 |
2nd High | 0.357000000 |
Next High | 0.348000000 |
Current Price | 0.339500000 |
Next Low | 0.333300000 |
2nd Low | 0.331800000 |
3rd Low | 0.327200000 |