The combination jumps from the bullish trendline downwards
A bearish descent down to the next support level at 0.351400000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.363900000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.349 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.363900000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.369200000 |
2nd High | 0.364000000 |
Next High | 0.363900000 |
Current Price | 0.353100000 |
Next Low | 0.351400000 |
2nd Low | 0.334100000 |
3rd Low | 0.330900000 |