EUR/GBP – 30M – SELLThe pair Euro/Euro (EUR/EUR) jumps from the ascending trendline downwards
A bearish movement down to the next support level at 0.83208 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.83360 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.83179696 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.83360 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83959 |
| 2nd High | 0.83396 |
| Next High | 0.83360 |
| Current Price | 0.83283 |
| Next Low | 0.83208 |
| 2nd Low | 0.82754 |
| 3rd Low | 0.82649 |