The pair goes from the bullish trendline downwards
A descending movement down to the next support level at 0.531500000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.555600000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.5556 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.555600000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.654800000 |
2nd High | 0.634200000 |
Next High | 0.555600000 |
Current Price | 0.548800000 |
Next Low | 0.531500000 |
2nd Low | 0.525200000 |
3rd Low | 0.521000000 |