The pair moves from the ascending trendline down.
A descent downwards to the next support line at 0.008729000 is certain.
Caution: A possible change in the direction of resistance at 0.009497000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.009188 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.009497000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010452000 |
2nd High | 0.010280000 |
Next High | 0.009497000 |
Current Price | 0.009248000 |
Next Low | 0.008729000 |
2nd Low | 0.007956000 |
3rd Low | 0.007900000 |