The currency pair goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 66571.420000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 67800.000000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 66571.42 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 67800.000000000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 69519.520000000 |
2nd High | 67941.170000000 |
Next High | 67800.000000000 |
Current Price | 66966.070000000 |
Next Low | 66571.420000000 |
2nd Low | 64800.010000000 |
3rd Low | 62457.810000000 |