The currency pair moves from the ascending trendline down.
A bearish descent down to the next support level at 24.490000000 will continue.
Caution: A possible change in the direction of the resistance level at 25.020000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 24.4 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 25.020000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 26.490000000 |
2nd High | 25.710000000 |
Next High | 25.020000000 |
Current Price | 24.700000000 |
Next Low | 24.490000000 |
2nd Low | 24.400000000 |
3rd Low | 24.010000000 |