Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to 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 0.3186 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.3246 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3318 |
| 2nd High | 0.3305 |
| Next High | 0.3246 |
| Current Price | 0.319500000 |
| Next Low | 0.3186 |
| 2nd Low | 0.3183 |
| 3rd Low | 0.3163 |
0.3246 – 0.3245 – 0.3215 – 0.3215 – 0.3205 – 0.3186 —
0.323500000 – 0.321600000 —
41.834878917317 – 43.062315638927 —
– —
0.3246 – 1782723600