Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 9.08 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 9.28 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.57 |
| 2nd High | 9.32 |
| Next High | 9.28 |
| Current Price | 9.170000000 |
| Next Low | 9.08 |
| 2nd Low | 9.05 |
| 3rd Low | 8.96 |
9.28 – 9.32 – 9.57 – 9.08 – 9.21 – 9.39 —
9.230000000 – 9.210000000 —
48.41205833492 – 47.131279943473 —
– —
9.28 – 1777332600