The pair goes from the ascending trendline downwards
A bearish movement downwards to the next support at 0.342200000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.357200000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.3509 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.357200000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.365400000 |
2nd High | 0.359600000 |
Next High | 0.357200000 |
Current Price | 0.354000000 |
Next Low | 0.342200000 |
2nd Low | 0.331500000 |
3rd Low | 0.327200000 |