The currency pair jumps from the bullish trendline down.
A descent downwards to the next support line at 0.005957000 will continue.
Caution: A possible change in the direction of the resistance line at 0.011350000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.007111102 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.011350000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.011350000 |
Current Price | 0.008455000 |
Next Low | 0.005957000 |
2nd Low | 0.005677000 |
3rd Low | 0.005591000 |