Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.000425 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.00045 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00053 |
| 2nd High | 0.00051 |
| Next High | 0.00045 |
| Current Price | 0.000434000 |
| Next Low | 0.0004 |
| 2nd Low | 0.00039 |
| 3rd Low | 0.00037 |
0.00045 – 0.00044 – 0.00042 – 0.0004 – 0.0004 – 0.0004 —
0.000440000 – 0.000437000 —
53.696153616422 – 53.580212912041 —
– —
0.00045 – 1781197200