The currency pair moves from the bullish trendline down.
A bearish movement down to the next support at 0.034650000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.035630000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.035063 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.035630000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.036400000 |
2nd High | 0.036050000 |
Next High | 0.035630000 |
Current Price | 0.035440000 |
Next Low | 0.034650000 |
2nd Low | |
3rd Low |