Additionally a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.86865 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.87197 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87402 |
| 2nd High | 0.87217 |
| Next High | 0.87197 |
| Current Price | 0.86873 |
| Next Low | 0.86893 |
| 2nd Low | 0.86865 |
| 3rd Low | 0.86841 |
0.87197 – 0.87156 – 0.87122 – 0.87002 – 0.86923 – 0.86893 —
0.86935 – 0.86928 —
33.556390687999 – 38.713028266219 —
– —
0.87197 – 1776769200
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –