The currency pair jumps from the bullish trendline down.
A bearish descent downwards to the next support level at 0.339300000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.371900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.3719 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.371900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.414100000 |
Next High | 0.371900000 |
Current Price | 0.364000000 |
Next Low | 0.339300000 |
2nd Low | 0.331500000 |
3rd Low | 0.327200000 |