The pair jumps from the bullish trendline downwards
A descent downwards to the next support line at 163.530000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 170.990000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 162.26 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 170.990000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 171.070000000 |
Next High | 170.990000000 |
Current Price | 165.510000000 |
Next Low | 163.530000000 |
2nd Low | 160.990000000 |
3rd Low | 157.580000000 |