Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 105707.89828 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 106853.270000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 106853.270000000 |
Current Price | 106600.010000000 |
Next Low | 104184.720000000 |
2nd Low | 102126.160000000 |
3rd Low | 102000.000000000 |